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Kenyan shilling steady, supported by remittances

Kenyan shilling steady, supported by remittances

Reuters06-05-2025
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. REUTERS/Thomas Mukoya/File photo Purchase Licensing Rights , opens new tab
NAIROBI, May 6 (Reuters) - The Kenyan shilling was steady on Tuesday, supported by remittances and muted foreign-currency demand, traders said.
As of 0935 GMT the shilling was trading at 129.00/50 to the U.S. currency, the same level as at the close of Monday's session, London Stock Exchange Group data showed.
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Reporting by Hereward Holland; Editing by Alexander Winning
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