Kenyan shilling firms slightly as remittances help

NAIROBI (Reuters) -Kenya’s shilling strengthened slightly on Friday, helped by dollar inflows from remittances although the gains were limited by increased foreign-currency demand from general goods importers, traders said.

At 0639 GMT commercial banks quoted the shilling at 128.80/129.30 per dollar, compared with Thursday’s closing rate of 129.00/129.50.

(Reporting by George Obulutsa;Editing by Alexander Winning)

tagreuters.com2025binary_LYNXNPEL4T08I-VIEWIMAGE

Close Bitnami banner
Bitnami