Industry News

Kenyan shilling slips vs dollar, debt auctions eyed

August 8, 2012 Comments Off on Kenyan shilling slips vs dollar, debt auctions eyed

August 8, 2012, 10:40 am

NAIROBI (Reuters) – The Kenyan shilling lost its previous day’s gains against the dollar on Wednesday, weighed by importers buying greenbacks after the local currency broke the 84.00 resistance level and by commercial banks covering their short U.S. currency positions.

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