Shilling remains firmer

The shilling remained unchanged against the greenback on Tuesday after meeting adequate importer demand, preventing it to break significantly below the US dollar/shilling 1,562/1,577 support level. 

The pair is expected to continue trading sideways or fall as the dollar demand tapers off as we approach quarter‐end.

Source: The NMB e-Mrakets, www.nmbtz.com

Share on Google Plus

About Unknown

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.