Kenyan shilling little changed, faces pressure from importers

  • 11/29/2021
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NAIROBI, Nov 29 (Reuters) - The Kenyan shilling was little changed on Monday, but touched a new all-time low and was forecast to weaken due to increased general importer dollar demand that outstripped inflows, traders said. At 0848 GMT, commercial banks quoted the shilling at 112.45/65, compared with Friday"s close of 112.40/60. Monday"s level is a new all-time low, according to Refinitiv data.

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