Kenyan shilling stable amid slow demand

The Kenyan shilling was stable on Monday supported by inflows from tourism and diaspora remittances amid slow dollar demand from merchant importers, traders said.

By Monday morning, commercial banks quoted the shilling at 100.60/80 per dollar, the same as Friday’s close.

Monitor Your Business Transaction

Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

Related Articles

Back to top button