In Kenya: Shilling steady, seen gaining on horticulture dollar flows

A teller counts Kenya shilling notes inside the cashier's booth at a forex exchange bureau in Kenya's capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya

At 0939 GMT, commercial banks quoted the shilling at 100.80/90 unchanged from Monday&;s close.

The Kenyan shilling held steady against the dollar on Tuesday, helped by reduced importer demand from oil companies due low prices and was seen gaining due to dollar inflows from horticulture exports, traders said.

At 0939 GMT, commercial banks quoted the shilling at 100.80/90 unchanged from Monday’s close.

Markets will be closed on Wednesday for a national holiday and will resume trade on Thursday.

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