国产精品自在在线午夜,翁公在厨房和我猛烈撞击,国产精品自在拍首页视频,久在线视频久在线高清观看

Kenya shilling ends losing streak against U.S. dollar

Source: Xinhua| 2018-11-21 00:54:07|Editor: huaxia
Video PlayerClose

NAIROBI, Nov. 20 (Xinhua) -- After a week of downward trend against the U.S. dollar and hitting a 10-month low of 103.5, the Kenyan shilling surged on Tuesday, boosted by increased inflows.

The currency traded against the dollar at an average of 102.60 on Tuesday.

The surge was attributed to an increase in foreign currency inflows from the diaspora and horticulture sectors.

"An increase in foreign currency inflows gave the local unit some reprieve to see it end stronger," analysts at the Commercial Bank of Africa said in a brief.

However, even as the shilling gains, the bank noted that its outlook remains negative in the short-term, mainly due to increased dollar demand by importers as the festive season beckons. Enditem

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011100001376203841