The shilling weakened yesterday, pressured by importers buying dollars to meet their end-month requirements, while shares recovered from a two-session dip. The shilling was trading at 85.95/86.05 to the dollar weaker than the 85.75/85.95 it closed at on Monday before the market had a break for Christmas.
The Star (Nairobi)
Kenya: Shilling Weakens Versus Dollar, Shares Recover
By Joel Iregi, 28 December 2012Copyright © 2012 The Star. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
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