Kenyan shilling stable versus dollar, LSEG data shows
By Reuters |
The shilling has been range-bound for several months, following a rally earlier this year after the government issued a new Sh222 billion ($1.5 billion) Eurobond.
The Kenyan shilling was stable against the dollar on Monday, data from the London Stock Exchange Group showed.
At 0657 GMT, the shilling traded at 128.50/129.50 against the dollar, the same as Friday's closing rate.
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The shilling has been range-bound for several months, following a rally earlier this year after the government issued a new Sh222 billion ($1.5 billion) Eurobond to buy back most of a $2 billion bond whose maturity in June had unnerved investors.
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