Kenyan shilling strengthens on sluggish demand for dollars

February 27, 2020

Less than a minute

The Kenyan shilling edged up on Thursday as demand for dollars from importers remained subdued, traders said.

Commercial banks quoted the shilling at 100.80/101.00 per dollar, compared with 100.95/101.15 at Wednesday’s close.

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.