Kenya: Kenyan Shilling Flat Versus Dollar Ahead of Expected Rate Cut

[The Star]The Kenya shilling was flat against the dollar yesterday as investors looked to tomorrow's Central Bank rate-setting meeting for market direction, traders said, with a big cut expected. Traders said a sharper-than-expected fall in August's inflation rate to 6.09 percent from 7.74 percent a month earlier had opened the door for a further easing of monetary policy following rate cut in July.