×
The Standard e-Paper
Kenya’s Boldest Voice
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenya: The shilling was steady on Thursday and traders said it was expected to stay under pressure due to importer dollar demand. commercial banks quoted the shilling at 91.35/45 to the dollar, compared with 91.30/40 at Tuesday's close.
"The shilling remains on the backfoot. Though right now what we are seeing is a slowdown in importer (dollar) buying, we should remain in the backfoot. The outlook still remains weak for the shilling," a senior trader at one commercial bank, said.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join