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XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 

Kenya shilling slides marginally against the U.S. dollar

NAIROBI (Xinhua) -- The Kenya shilling slid marginally against the U.S. dollar on Monday but still remained at a level last seen 19 months ago.

The Central Bank of Kenya quoted the local currency at 100.84 against the dollar in the Monday trading session from 100.79 at the close of Friday last week.

Commercial banks in the East African nation, on the other hand, placed the shilling at a stronger position of between 100.75 and 100.90 from 100.85 and 101.05 up in the previous session.

Against the Sterling Pound, the shilling increased considerably to trade at 139.47 from 140.56 in the Friday session.

             

 

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