Market continues to experience liquidity tightness with low
appetite from both larger and SMEs importers, slightly flowing from
agriculture and NGOs.
“We expect a similar trend on Thursday unless sizable demand enters the market,” National Microfinance Bank said today.
NMB quoted the shilling trading at 2171/2201 against greenback.
Another bank, CRDB, said the local currency continued to remain stable
against the dollar following a match in demand and supply.
The shilling, however, has gone down by 1.26 per cent since January to 2,177/84 from 2,150/76
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