Kenyan shilling eases slightly as demand exceeds FX inflows

NAIROBI (Reuters) – Kenya’s shilling eased slightly against the U.S. dollar on Tuesday, as foreign exchange demand marginally outpaced inflows from remittances and the tea sector, traders said.

At 0915 GMT, the shilling traded at 129.25/129.75 per dollar, compared to 129.10/129.60 at the close of trading on Monday.

The shilling has remained relatively stable since August.

(Reporting by Hereward Holland; Editing by Bate Felix)

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