Kenyan shilling stable, expected to firm due to horticulture inflows

• by Reuters
• 0 Comments

NAIROBI (Reuters) – The Kenyan shilling was steady against the dollar on Thursday and was expected to gain ground due to inflows from horticulture exports and remittances, traders said.

Kenya shilling coins and notes are pictured inside a cashier’s booth at a forex exchange bureau in Kenya’s capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya

At 0911 GMT, commercial banks quoted the shilling at 100.70/90 per dollar, compared with 100.75/95 at Wednesday’s close.

• investingNews