The shilling is expected to hold on its gains against the dollar in the coming weeks as interest rates continue to rise.
Experts predict that this trend may go on until the end of June when the financial year ends.
The shilling rose against the dollar during the week closing 1568/73 from the 1580/1590 at the opening levels of the week.
The shilling’s strength is as a result of the continuous dollar flows from portfolio investors with major corporates out of the market.
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