28 December 2012

Kenya: Shilling Weakens Versus Dollar, Shares Recover

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.

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