NAIROBI, March 2 (Reuters) - Kenya's shilling slid
against the dollar on Thursday, as hard-currency demand from
fuel importers and manufacturers outstripped supply, traders
said.
At 0840 GMT, commercial banks quoted the shilling at
127.50/70 per U.S. dollar, compared with 127.40/60 at the close
of trade on Wednesday.
The shilling hit a new record low of 127.70/90 early on
Thursday before recovering some of its losses, according to
Refinitiv data.
The local unit has shed 3% against the greenback since the
start of the year.
(Reporting by Hereward Holland
Editing by Alexander Winning)
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