18-02-2015 08:19 via news.yahoo.com

Kenya shilling edges up on foreign flows

NAIROBI (Reuters) - The Kenyan shilling inched up against the dollar on Wednesday mainly due to hard currency inflows from investors abroad into the local debt and stock markets. At 0640 GMT, commercial banks posted the shilling at 91.20/40 per dollar, slightly up from Tuesday's close of 91.30/50. "It is basically just foreign investments flowing in," said a trader with a commercial bank. The central bank will sell two Treasury bonds worth a combined 25 billion shillings on Wednes
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