Kenyan shilling continues to firm up against the dollar

Kenya shilling coins and notes. The shilling has touched a 33-month high to the dollar since July 8, 2015. FILE PHOTO | REUTERS

The Kenyan shilling on Tuesday continued to firm up against the dollar due to inflows from foreign construction companies selling dollars matching demand from merchant importers.

Data from Central Bank of Kenya showed the shilling on Tuesday was trading at 99.90/100 to the dollar steady from Monday’s close of 99.80/100.