Kenyan shilling stable on remittance inflows

News published on Nov 17, 2023 @ 3:01 pm

Kenya’s shilling was stable against the dollar, traders said, as remittance inflows matched manufacturing and energy sector demand in a quiet session.

The shilling has lost 17.8% of its value against the dollar since the start of the year, according to LSEG data.

Topic
Market insights
Focus Region
Africa
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