NAIROBI (Reuters) – Kenya’s shilling was steady on Wednesday and traders said they expected it to weaken due to increased importer dollar demand, especially from fuel companies.
At 0701 GMT, commercial banks quoted the shilling at 115.75/95 per dollar, compared with 115.70/90 at last Thursday’s close. Kenyan markets were closed for public holidays between April 29 and May 3.
(Reporting by George Obulutsa; Editing by Duncan Miriri)
