NAIROBI (Xinhua) --
The Kenyan shilling strengthened further against
the U.S. dollar on Wednesday helped by increased inflows from
The local unit
traded at an average of 101.30 to the dollar during the session,
a sustained gain from Tuesday’s position of 101.35.
nation’s Central Bank quoted the local unit at 101.30 against
the dollar, up from 101.35 in the previous session.
On the other hand,
commercial banks placed the currency at between 101.15 and
101.35 from 101.25 and 101.35 to the dollar in the previous
Against the Sterling
Pound, the shilling similarly strengthened to trade at 140.51
from 141.98 on Tuesday.