THE shilling ended firmly after maintained its position to close the week at the same levels with US dollars.
“The greenback has maintained the same
position against the shilling, due to matching levels of demand and
supply,” CRDB market highlights reported.
The dollar/shilling ended Friday’s
session at 2,230/50. Meanwhile, on Friday, liquidity in the interbank
money market tightened up.
The interbank saw an increase of 40
basis points by the end of the session, the weighted average rate rose
6.85 per cent. There was a 54.6 per cent increase in volume traded; by
the end of the session volume traded rose to 8.5bn/-
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