Kenyan shilling looses further against the Dollar

The Kenyan Shilling today continued falling further against the Dollar with traders citing panic buying by some importers after the shilling hit the a hundred shilling mark.

Commercial banks were quoting the shilling at a 100.1 buying and a100.20 selling against the US Dollar in the mid-morning trade.

To the European front, the local unit was trading at 155.96 shillings against the Sterling Pound and 110.37 shillings against the Euro.