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Kenyan shilling stable versus dollar, LSEG data shows

Counting Kenya Shilling Notes

A man counts money. A depreciating shilling presents favourable condition for inflows, including Foreign Direct Investment and remittances.

Photo credit: File | Nation Media Group

By  Reuters

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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