Kenya shilling firms, helped by scarce liquidity


NAIROBI (Reuters) – The Kenyan shilling strengthened on Thursday as scarce liquidity in the interbank market forced players to unwind their long hard currency positions.

At 0808 GMT, commercial banks quoted the shilling at 103.10/30 per dollar, compared to 103.20/40 at Wednesday’s close.

Reporting by John Ndiso; editing by Elias Biryabarema

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