Kenyan shilling firms after central bank sells dollars for second day

The Kenyan shilling gained more ground on Friday after the central bank sold an unspecified amount of dollars into the foreign exchange market for the second day in a row.

By 0745, commercial banks quoted the shilling at 88.65/89.75 to the dollar, from Thursday's close of 88.95/89.05.

"Yes, the central bank has sold dollars for the second day," National Bank of Kenya trader, Ian Kahangara, said.