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Kenyan shilling stable, demand by oil importers could pose risk

Reuters
Kenya 10 shillings coins are seen in a plastic container inside a cashier's booth at a forex exchange bureau in Kenya's capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya (Reuters)

NAIROBI (Reuters) - The Kenyan shilling traded stable against the dollar on Tuesday, with a likely surge in demand by oil importers seen posing depreciation risk for the local currency. At 0755 GMT, commercial banks quoted the shilling at 103.95/104.05 to the dollar, the same level as Monday's close. (Reporting by John Ndiso; editing by Elias Biryabarema)