Kenya shilling slips, importers weigh

NAIROBI (Reuters) - The Kenyan shilling fell 0.6 percent against the dollar on Wednesday on the back of oil sector greenback demand, but was prevented from slipping further by inflows from the tea sector, traders said. They said some banks were also squaring off short dollar positions ahead of the New Year, and that compounded the weakness of the shilling, traders said. At the market close at 1300 GMT, banks posted the local currency at 84.15/25 to the dollar, after it briefly touched a low of 84.35, down from Tuesday's close of 83.65/75. The local currency is down 3.7 percent against the U.S. ...