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Shilling stable, market eyes Supreme Court ruling

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The Kenyan shilling held steady against the dollar yesterday in cautious trading as the country awaited the verdict on an election petition challenging the outcome of this month's presidential vote. Defeated contender Raila Odinga is challenging the victory of Uhuru Kenyatta in a largely peaceful election on March 4 that eased worries of another round of factional violence to match that which killed hundreds after a 2007 vote. At 0718 GMT, commercial banks quoted the shilling at 85.80/86.00 per dollar, barely changed from Monday's close of 85.85/86.05...

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