Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

Kenyan shilling steady; seen easing due to importer dollar demand

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/11/2019 | 03:19am EDT
A teller counts Kenya shilling notes inside the cashier's booth at a forex exchange bureau in Kenya's capital Nairobi

NAIROBI (Reuters) - The Kenyan shilling weakened on Monday and was forecast to ease further due to dollar demand from manufacturers and oil importers exceeding inflows from diaspora remittances, traders said.

At 0725 GMT, commercial banks quoted the shilling at 100.40/60 per dollar, compared with 100.30/50 at Friday's close.

(Reporting by John Ndiso; Editing by George Obulutsa)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
06:15pAtlantic Coast Surgical Suites performs first navigated reverse total shoulder at an ambulatory surgery center in New England
SE
06:12pAmazon aims to bring one-day delivery to Prime members around the globe
RE
06:00pShell unions agree to new wage offer to end Pernis strikes - spokesman
RE
05:54pBelgian bank Degroof Petercam's audit under scrutiny by ECB, source says
RE
05:53pOAS ORGANIZATION OF AMERICAN STATES : Costa Rica Signs Inter-American Convention Against All Forms of Discrimination and Intolerance at the OAS
PU
05:52pJapan tells U.S. can't link monetary policy to trade - Finance Minister Aso
RE
05:50pIntel cuts forecast as China data center sales remain weak
RE
05:50pIntel cuts forecast as China data center sales remain weak
RE
05:40pCommander in Crap Creator Achieves Huge Success with Trump Toilet Brush
SE
05:33pUber to kick off investor roadshow with IPO terms on Friday
RE
Latest news "Economy & Forex"
Advertisement