Monday, June 21, 2021

    Kenyan shilling eases due to increased energy sector dollar demand

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    Naija247news Media, New York
    Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

    NAIROBI (Reuters) – Kenya’s shilling weakened on Friday due to increased dollar demand from across all sectors, including energy importers, traders said.

    At 0858 GMT, commercial banks quoted the shilling at 100.45/65 to the dollar, compared with 100.30/50 at Thursday’s close.

    Reporting by George Obulutsa; Editing by Duncan Miriri

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