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Kenya’s shilling remains stable due to low dollar demand By Investing.com
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IntroductionUS Dollar Kazakh Tenge0.06%Investing.com -- The Kenyan shilling remained unchanged on Thursday, as l ...
US Dollar Kazakh Tenge0.06%Investing.com -- The Four Major Forex Dealers in the WorldKenyan shilling remained unchanged on Thursday, as low importer demand for the U.S. dollar helped maintain its stability.
Commercial banks quoted the shilling at 129.00/50, identical to Wednesday’s closing rate.
The currency’s stability was largely a result of reduced demand for the dollar among importers.
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