Shilling steady amid increased remittances
Business
By
Reuters
| Sep 18, 2018
The Kenyan shilling held steady against the dollar yesterday, drawing support from
remittances and investors buying government debt, traders said.
Commercial banks quoted the shilling at Sh100.80/101.00 per dollar, unchanged from Friday's close.
The local unit last week faced demand from importers and banks after a standby arrangement with the International Monetary Fund.
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