Monday, July 23, 2007

Kenya shilling eases vs dollar, agriculture cushions slide

(Reuters) - The Kenyan shilling weakened slightly against the dollar on Monday due to demand for the U.S. currency from the energy sector, but its fall was cushioned by farm export proceeds, dealers said.

At 0930 GMT, commercial banks traded the local unit at 67.15/25 against the dollar compared with Friday's close of 67.00/10.


Read more at Reuters Africa

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