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Kenyan shilling weakens as liquidity improves

NAIROBI: The Kenyan shilling weakened on Monday as liquidity increased in domestic money markets after a new monthly liquidity requirement cycle kicked in.

The main share index eked out slight gains. At the 1300 GMT close of trade, commercial banks posted the shilling at 102.75/85 per dollar, compared with Friday's close of 102.15/25.

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