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Shilling set for fresh pressure as dividend payout season looms

Kenyan Shilling is expected to face fresh pressure against the dollar. [Wilberforce Okwiri, Standard]

The value of the Kenyan Shilling is expected to face fresh pressure against the dollar after recent gains, following the successful Eurobond buyback.

The fresh pressure is expected amid increased demand for greenbacks from a range of clients, traders said on Monday.

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