Shillings to ease, Zambia kwacha to firm
19 May 2016, 18:02
Nairobi (Reuters) - The Tanzanian and Ugandan shillings
are expected to weaken in the week to Thursday, while the Zambian kwacha is
expected to gain, traders said.
Kenya's shilling is expected to hold
steady, with dollar demand from importers and manufacturing companies expected
to be countered by prospects of the central bank selling the U.S. currency.
At 1201 GMT, commercial banks quoted the
shilling at 100.65/75 to the dollar, compared with last Thursday's close of 100.45/65.