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View Full Version : Kenya's Shilling Snaps Two-Day Advance as Importers Buy Dollars - Bloomberg



NewsWhore
06-24-2011, 10:30 AM
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Kenya&#39;s Shilling Snaps Two-Day Advance as Importers Buy Dollars (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHzxrgGSZgpU-Uoqd-FHfCpF9KPFw&url=http://www.bloomberg.com/news/2011-06-24/kenya-s-shilling-snaps-two-day-advance-as-importers-buy-dollars.html)
Bloomberg
The currency of East Africa&#39;s biggest economy depreciated as much as 1.3 percent to 91.25 per dollar and was trading 0.7 percent down at 90.65 by 2 pm in the capital, Nairobi, from yesterday&#39;s close of 90.05. “The weakening is due to persisting high ...

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