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Reuters: The shilling has firmed after the Central Bank of Kenya (CBK) sold an unspecified amount of dollars into the market for the second day in a row, but traders said there was still strong dollar demand.
On Friday, commercial banks quoted the shilling at Sh88.25/Sh89.35 to the dollar, from Thursday’s close of Sh88.95/Sh89.05. “Yes, the central bank has sold dollars for the second day,” National Bank of Kenya trader, Ian Kahangara, said.
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