Kenyan shilling eases on manufacturing FX demand

Kitco Media
By Reuters
Published:
Updated:
Reuters
NAIROBI, May 8 (Reuters) - The Kenyan shilling eased against the dollar in a thin market on Monday, as manufacturers sought foreign currency amid meagre dollar inflows, traders said. At 0921 GMT, commercial banks quoted the shilling at 136.50/70 per dollar, compared with 136.40/60 at Friday's close. The shilling touched a new all-time low of 136.55/75 per dollar on Friday, Refinitiv data showed. (Reporting by Hereward Holland Editing by Alexander Winning)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.