Economy

Kenyan Shilling steady, with exporter FX supply meeting demand

Date: May 9, 2025

The Kenyan Shilling was broadly steady on Friday as foreign exchange supply from exporters met subdued Dollar appetite, traders said.

At 11h00 CAT the Shilling was trading at 128.75 or 129.75 to the United States currency, compared with 129 or 129.50 at Thursday's close, London Stock Exchange Group data showed.

"I think it's going to trade within this band for the next week. The market is balanced," a trader said.

---Reuters---

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