NAIROBI, March 28 (Reuters) - The Kenyan shilling inched to a new low against the dollar on Tuesday, as oil
marketers and other importers sought limited supplies of foreign
exchange on the interbank market, traders said.
At 0856 GMT, commercial banks quoted the shilling at
131.60/80, compared to Monday's close of 131.40/60.
Refinitiv data shows the shilling has lost 6.4% of its value
against the dollar this year.
"There's the usual demand from the market for end of month
payments. It's been quiet. Demand coming from oil marketers and
importers. There's no supply today, only a little from the
interbank," said one trader at a commercial bank.
(Reporting by Hereward Holland; Editing by James Macharia
Chege)
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