NAIROBI (Reuters) – The Kenyan shilling was stable on Friday on dollar inflows from the tourism sector and tea exports, one trader said.
The shilling traded at 129.00/129.50 per dollar at 0656 GMT, the same as Thursday’s closing rate.
“The shilling is gaining strength against the dollar,” the trader said. “There’s more supply than demand.”
(Reporting by Sonia Rao; Editing by Ammu Kannampilly)
