Shilling Trades Steady Amid Obama Visit

News: The Kenyan shilling has been trading steady at 100.75/85 per dollar on July 24, as businesses shut operations or reduced their working hours in the wake of the visit by US President Barack Obama. 'Today we don't expect too much movement as most businesses are closed or doing half a day,' said a commercial bank trader (Reuters). Major roads in the capital, Nairobi, will be closed to the public for several hours when Obama arrives to attend an entrepreneurship summit, while financial...

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