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Shilling weakens to a 15-month low on heavy importer demand

Dealers said that there is heavy demand for dollars from importers as they resume business activities following the Christmas holiday break. PHOTO | FILE

The shilling weakened against the dollar on Wednesday, exchanging at an average of 103.15 in commercial banks compared to 102.90 on Tuesday.

Dealers said that there is heavy demand for dollars from importers as they resume business activities following the Christmas holiday break.

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