March 20, 2017 / 12:15 PM / 5 months ago

Kenyan shilling seen depreciating on oil importer demand

Kenya shilling coins and notes are pictured inside a cashier's booth at a forex exchange bureau in Kenya's capital Nairobi, April 20, 2016.Thomas Mukoya

NAIROBI (Reuters) - The Kenyan shilling was seen depreciating against the dollar on Monday, owing to a likely surge in demand from oil importers, traders said.

At 1100 GMT, commercial banks quoted the shilling at 103.00/20 to the dollar, compared with 102.95/103.05 at Friday's close.

Reporting by John Ndiso; Editing by Aaron Maasho

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below