Kenya Shilling Heads for Biggest Gain in 5 Months: Nairobi Mover
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Kenya’s shilling appreciated for a sixth day, heading for the biggest gain in more than five months, as the central bank curbed money supply.
The currency of East Africa’s biggest economy appreciated as much as 1.4 percent to 84.35 per dollar, the biggest one-day gain since Dec. 16, and was trading 1 percent stronger at 84.70 by 5:19 p.m. in Nairobi, according to data compiled by Bloomberg.