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View Full Version : Kenya Shilling Weakens Third Day as Oil Importers Buy Dollars - Bloomberg



NewsWhore
07-13-2012, 09:40 AM
Kenya Shilling Weakens Third Day as Oil Importers Buy Dollars (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH7q69fnDRz3nto_XL6eKV9n64hLQ&url=http://www.bloomberg.com/news/2012-07-13/kenya-shilling-weakens-third-day-as-oil-importers-buy-dollars.html)
Bloomberg
The shilling has gained 3.2 percent since May 30, according to data compiled by Bloomberg. “Kenya's shilling slipped against the U.S dollar, primarily because of energy sector importers' need for the U.S currency,” Nairobi-based NIC Bank Ltd. (NICB ...

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