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Kenyan shilling falls, eyes on rate-setting meeting

 

Kenya's shilling fell on Tuesday to a 3-1/2-year low, with traders citing panic buying by some importers after the currency hit 100 against the dollar and as the market focused on a central bank policy meeting.

At 0742 GMT, commercial banks quoted the shilling at 100.20/40 to the dollar, compared with Monday's close of 100.10/20.

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Related Topics

Kenyan Shilling