Kenyan shilling stays steady as demand and supply matched

NAIROBI, Oct 22 (Reuters) – The Kenyan shilling was steady against the dollar on Tuesday, as limited foreign exchange demand from importers matched supply, traders said.

The shilling traded at 128.50/129.50 the dollar at 0714 GMT, LSEG data showed, the same as Friday’s closing rate. The market was closed on Monday for a public holiday.

The East African currency has hovered around the same value against the dollar since early August. (Reporting by Sonia Rao; Editing by Hereward Holland)

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