UPDATE 1-Kenyan shilling weaker on dollar buying, stocks fall

April 1, 2015 3:35 PM

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* Shilling down from spill-over dollar demand * Safaricom, Kenya Power losses pulled stock market down (Adds market close, stocks and bonds) NAIROBI, April 1 (Reuters) - Kenya's shilling weakened on Wednesday on pent-up dollar demand from the energy sector but could receive support from inflows targeting a bond sale.

Stocks snapped a two-day winning streak. At market close, commercial banks quoted the shilling at 92.50/60 to the dollar against Tuesday's close of 92.40/50. A trader at a major commercial bank in Kenya said some firms had placed their dollar orders in late March, and said the shilling fell "on the ...

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