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Shilling little changed ahead of budget reading

The shilling held steady against the dollar ahead of a budget reading by National Treasury Cabinet Secretary Henry Rotich in Parliament yesterday.

At opening of business, the shilling was trading at 97.05/15 to the dollar, barely changed from Wednesday’s close of 97.10/20. Mr Rotich was expected to announce fresh measures to shore up growth in East Africa’s biggest economy and boost revenue collection.

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