×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

Kenyan shilling gains on tight liquidity, focus on MPC

NAIROBI, KENYA: The Kenyan shilling firmed on Wednesday, helped by a liquidity squeeze that has led to rising overnight lending rates, but trade was cautious hours ahead of central bank's interest rates decision.

At 0756 GMT, commercial banks quoted the shilling at 100.95/101.15 to the dollar compared with Tuesday's close of 101.10/20.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in