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NAIROBI: Kenya’s shilling weakened slightly on Monday, traders said, as dollar appetite from the energy sector outstripped supplies from exports and remittances.
At 0907 GMT traders quoted the shilling at 117.40/60 compared to Friday’s close of 117.30/50.
Kenyan shilling steady, seen easing on higher dollar demand
The currency has lost 3.7% of its value against the dollar since the start of the year, according to Refinitiv data.