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AFRICA-FX-Kenyan and Zambian currencies seen falling, Ghana’s steady

AFRICA-FX-Kenyan and Zambian currencies seen falling, Ghana’s steady

KENYA'S shilling and Zambia's kwacha are expected to fall in the next week, while the Ugandan shilling could strengthen, Ghana's cedi will probably be steady and Nigeria's naira may be mixed, traders said. KENYA Kenya's shilling is seen slipping on increased foreign-currency demand from the manufacturing sector and as Kenyans living abroad ask for higher exchange rates to part with their dollars. Commercial banks quoted the shilling at 153.30/50 to the U.S. currency, compared with last Thursday's close of 153.20/40. On Thursday the shilling hit a new all-time low of 153.50/70 before recouping some losses, LSEG data showed. "Those looking…
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