Shilling flexes muscles

The shilling has gained slightly on  trading session Monday against the greenback as NGO’s and other corporate sold the greenback for month end payments.

However, the right hand side players were in the market as well for substantial amount which still pauses an upside risk for the pair. The market closed at 1,577/1592 cooling off a shilling from Friday’s close.

Source: www.nmbtz.com

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