Kenyan shilling stable, supported by foreign exchange remittances

NAIROBI (Reuters) – Kenya’s shilling was stable against the U.S. dollar on Thursday, supported by remittances amid muted foreign exchange demand, traders said.

At 0908 GMT, the shilling traded at 129.10/129.60 per dollar, compared to 129.15/129.65 at the close of trading on Wednesday.

The shilling has remained relatively stable since August.

(Reporting by Hereward Holland; Editing by Tannur Anders)

tagreuters.com2025binary_LYNXNPEL0M0AV-VIEWIMAGE

Close Bitnami banner
Bitnami