Kenya shilling stable against the dollar

NAIROBI (Reuters) - The Kenyan shilling was steady against the dollar on Tuesday and is expected to trade in a range during the session as volumes remain low in the holiday season. The market has been facing a liquidity squeeze with the central bank's tightening measures, helping the shilling recover most of this year's losses and pushing up the interbank average lending rate to 29.3 percent from 27.6 percent. At 0715 GMT, commercial banks quoted the shilling at 83.65/85, unchanged from Friday's close. Markets were closed on Monday for Boxing Day. "Trading is tight and in a narrow range. ...