Prime

Kenyan shilling stable, seen easing due to telecom sector dollar demand

Kenya's shilling was steady on Thursday and traders said it was seen weaker due to dollar demand from sectors like telecoms and manufacturing, while tight liquidity would limit its losses. FILE PHOTO | NATION MEDIA GROUP.

Kenya's shilling was steady on Thursday and traders said it was seen weaker due to dollar demand from sectors like telecoms and manufacturing, while tight liquidity would limit its losses.

At 0720 GMT, commercial banks quoted the shilling at 102.40/60 to the dollar, from Wednesday's close of 102.35/55.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME Why the right hiking boots can make or break a trek across Kenya’s trails

  2. Charles Mahinda takes over as CAK chair, Shaka Kariuki exits

  3. PRIME How tender interference cost Consolidated Bank’s ICT chief his job

  4. David Koross.

    PRIME NSSF plans city apartments in Sh30bn project

In the headlines

View All