NAIROBI (Reuters) – The Kenyan shilling held steady on Thursday compared with the previous session but was expected to weaken due to demand for hard currency from foreign-owned banks looking to pay dividends, traders said.
At 0903 GMT commercial banks quoted the shilling at 129.20/129.60, same range as Wednesday’s close.
(Reporting by Elias Biryabarema; Editing by Bate Felix)
