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Kenyan shilling strengthens on inflows from remittances

Kenya faces debt crisis as public debt nears Ksh7 trillion

The Kenyan shilling strengthened on Monday supported by inflows from remittances and offshore investors interested in buying government bonds, traders said.

Commercial banks quoted the shilling at 100.35/55 per dollar, compared with 100.45/65 at Friday’s close.

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Digital Desk, Metropol TV

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