Kenyan shilling weakens due to importer demand, excess liquidity

The Kenyan shilling weakened against the dollar on Thursday due to dollar demand from importers and excess liquidity in the money markets, traders said.

At 0700 GMT, commercial banks quoted the shilling at 100.95/101.15 per dollar, compared with 100.75/95 at Wednesday's close.  

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Kenyan ShillingForeign ExchangeLiqudity