Higher remittances support Kenyan shilling

NAIROBI (Reuters) - The Kenyan shilling was stable on Wednesday and traders said it could strengthen due to subdued dollar demand from importers and higher remittances. Hard currencies sent back home Kenyans living abroad, known as remittances, rose 6.3 percent last month from May to $156 million, the central bank said on Tuesday. "Every other month, inflows from diaspora in the form of remittances seem to be reaching new levels," said a trader from a commercial bank. At 0614 GMT, commercial banks quoted the shilling at 101.30/40 to the dollar, unchanged from Tuesday's close. ...........................Shilling spot rates .....................Shilling forward rates .......................Cross rates ..................................Local contributors .......................Central Bank of Kenya Index .....................Kenyan Bonds contributor pages ...............Treasury bill yields ..................Central bank open market operations .........................Horizontal repo transactions ,................Daily interbank lending rate .............................Kenya Bond pricing ..................Real time Africa economic data ...........................African economic news .................................NSE-20 Share Index .................................NSE-25 Share Index .................................NSE All Share Index ...........................FT NSE Kenya 15 Index .......................... FT NSE Kenya 25 Index SPEED GUIDES: (Reporting by John Ndiso; Editing by Duncan Miriri)