Kenyan shilling firms to 4-month high


The Kenyan shilling strengthened on Monday to a four-month high , by dollar inflows from remittances and offshore investors buying shares on the stock market, traders said.

At 0803 GMT, commercial banks quoted the shilling at 102.30/50 per dollar, compared with 102.50/70 at Friday’s close.

The shilling last traded at its present level on July 8, Refinitiv data showed.

Peace PIAK