Kenya shilling firms, helped by scarce liquidity

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NAIROBI (Reuters) – The Kenyan shilling strengthened on Thursday as scarce liquidity in the interbank market forced players to unwind their long hard currency positions.

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At 0808 GMT, commercial banks quoted the shilling at 103.10/30 per dollar, compared to 103.20/40 at Wednesday’s close.

Reporting by John Ndiso; editing by Elias Biryabarema

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