Kenyan shilling weakens against the dollar


NAIROBI (Reuters) – The Kenyan shilling weakened against the dollar on Thursday due to a spike in dollar demand from oil and merchandise importers, traders said.

At 0733 GMT, commercial banks quoted the shilling at 101.45/65 per dollar, compared with 101.35/55 at Wednesday’s close.

Reporting by John Ndiso; Editing by Omar Mohammed

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