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Market eyes boom as political uncertainty wanes

Supreme Court uphold President Uhuru’s re-election

The Kenyan shilling strengthened, the Eurobond rallied and the stock market remained cagey after the Supreme Court upheld President Uhuru Kenyatta’s win on Monday morning.

Reuters quoted the shilling at 103.60/80 per dollar after the unanimous verdict was delivered, from 103.80/90, where it was trading earlier.

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