The shilling held steady yesterday but its outlook remained bearish due to importer demand for dollars amid a wide current account deficit, while Safaricom weighed on shares further. Commercial banks posted the shilling at 85.90/86.00 per dollar, unchanged from Tuesday's close.
The Star (Nairobi)
Kenya: Shilling Steady Against The Dollar, Shares Extend FallBy Joel Iregi, 29 November 2012
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