Kenyan shilling stable against the dollar, horticulture inflows help
A teller serves a client with Kenya shilling notes at the cashier’s booth of a forex exchange bureau in Kenya’s capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya
NAIROBI (Reuters) – The Kenyan shilling was stable against the dollar on Wednesday due to inflows from remittances and earnings from horticulture exports meeting demand from general importers, traders said.
At 0700 GMT, commercial banks quoted the shilling at 102.70/90 per dollar, the same as Tuesday’s close.
Reporting by John Ndiso; Editing by George Obulutsa
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