Kenyan shilling firm on diaspora remittances

The Kenyan shilling was firm on Monday with inflows from diaspora remittances meeting dollar demand from merchant importers and the energy sector, traders said.

At 0740 GMT, commercial banks quoted the shilling at 101.50/70 per dollar, compared with 101.60/80 at Friday’s close. – Reuters Africa

Related Posts

Is the Personal Benefit Rule about ‘Any Amendment’ or ‘An Amendment to a Term Limit Provision’?

An Intimate Reading of Subsections (1) and (7) of Section 328 of the Constitution of Zimbabwe (2013) By Nomuzikayise Ngwenya This piece is confined to one question, a question of…

President Mnangagwa launches African Peer Review Mechanism (APRM) National Programme of Action

President Mnangagwa is today expected to officially launch the African Peer Review Mechanism (APRM) National Programme of Action at the New Parliament Building in Mt Hampden. Our Reporter Harmony Agere…

Leave a Reply

Your email address will not be published. Required fields are marked *