Kenyan shilling banknotes and coins sit arranged at a market stall in Mombasa, Kenya, on Thursday, Nov. 23, 2017. The countrys Treasury has already cut this years growth target to 5 percent from 5.9 percent as the protracted election furor damped investment and a drought curbed farm output. Photographer: Luis Tato/Bloomberg via Getty Images

NAIROBI, Aug 14 (Reuters) – Kenya’s shilling was flat against the U.S. dollar on Wednesday, as foreign-currency inflows for a bond auction matched reduced dollar demand from manufacturers and fuel importers, traders said.

At 0907 GMT, commercial banks quoted the shilling at 128.75/129.75 per dollar, the same level it closed on Tuesday.

On Wednesday the central bank will auction 50 billion Kenyan shillings of infrastructure bonds.

“The central bank has also been buying dollars to keep the rate at a stable level,” one trader said.

(Reporting by Hereward Holland; Editing by Alexander Winning)