NAIROBI, Nov 29 (Reuters) - The Kenyan shilling was little changed on Monday, but touched a new all-time low and was forecast to weaken due to increased general importer dollar demand that outstripped inflows, traders said.
At 0848 GMT, commercial banks quoted the shilling at 112.45/65, compared with Friday's close of 112.40/60. Monday's level is a new all-time low, according to Refinitiv data.
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Reporting by Ayenat Mersie Editing by George Obulutsa
Our Standards: The Thomson Reuters Trust Principles.
The Link LonkNovember 29, 2021 at 04:05PM
https://www.reuters.com/markets/currencies/kenyan-shilling-little-changed-faces-pressure-importers-2021-11-29/
Kenyan shilling little changed, faces pressure from importers - Reuters
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