Kenyan shilling weakens on corporate demand

A fuel attendant handles Kenyan shilling notes at a petrol station in the capital Nairobi, file. REUTERS/Noor Khamis

NAIROBI (Reuters) - The Kenyan shilling weakened modestly against the dollar on Thursday, with demand from multinational corporations exceeding foreign exchange earnings, traders said. At 0700 GMT, commercial banks quoted the shilling at 101.80/102.00 to the dollar, compared with 101.70/90 at Wednesday's close. (reporting by John Ndiso; editing by Aaron Maasho)