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Kenyan Shilling Stable Amid New Year Business Resumption

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 4 January 2020.

On January 4, 2020, the Kenyan shilling was stable, thanks to inflows from remittances and offshore investors buying government debt, which met dollar demand from merchandise importers.

Commercial banks quoted the shilling at 100.90/101.10 per dollar in early trading, matching Thursday's close.

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