Kenyan shilling weakens as increased importer demand weigh

Kitco Media
By Reuters
Published:
Updated:
Reuters
Jan 30 (Reuters) - Kenya's shilling weakened on Monday, due to increased demand for dollars predominantly from oil importers, traders said. At 0757 GMT, commercial banks quoted the shilling at 124.35/55 per dollar, compared with Friday's close of 124.30/50. After hitting a series of new lows last year, the shilling has come under pressure this year as well and that trend is set to continue this week, traders said. ...........................Shilling spot rates .....................Shilling forward rates .......................Cross rates ..................................Local contributors .......................Central Bank of Kenya Index .....................Kenyan Bonds contributor pages ...............Treasury bill yields ..................Central bank open market operations .........................Horizontal repo transactions , ................Daily interbank lending rate .............................Kenya Bond pricing .................................NSE-20 Share Index .................................NSE-25 Share Index .................................NSE All Share Index ...........................FT NSE Kenya 15 Index .......................... FT NSE Kenya 25 Index SPEED GUIDES: (Reporting by Bhargav Acharya Editing by Chijioke Ohuocha)

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