Kenyan Shilling rallies against dollar after Supreme Court ruling

The shilling gained 0.2 per cent intraday on Monday after the ruling was announced to trade at 103.50/70 to the dollar. PHOTO | FILE | NMG

The shilling, which had slipped in early trading ahead of a Supreme Court ruling on last month’s presidential election, recovered after the apex court judges unanimously dismissed petitions to annul the vote.

It gained 0.2 per cent intraday after the ruling was announced to trade at 103.50/70 to the dollar from the 103.70/90 it was in earlier trading. It had closed at 103.65/85 on Friday.

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