Kenya: Kenyan Shilling Remains Steady as Tea Exports Improve Dollar Inflows

The Kenya shilling continued on the stability path on Monday against global currencies, further boosting Kenya’s currency confidence across the globe and in particular, against the dollar.

The strengthening of the shilling was majorly attributed to financial inflows from the tea sector, specifically from the exports.

Kenya’s shilling was steady on Monday and was expected to gain ground, bolstered by dollar inflows from tea exporters, traders revealed.

Commercial banks quoted the shilling…