Kenya shilling coins and notes are pictured inside a cashier’s booth at a forex exchange bureau in Kenya’s capital Nairobi, April 20, 2016. REUTERS/Thomas Mukoya/File Photo

NAIROBI, Aug 7 (Reuters) – Kenya’s shilling was stable against the U.S. dollar on Wednesday, LSEG data showed.

At 0807 GMT, the shilling traded at 129.00/130.00 per dollar, the same as Tuesday’s closing rate.

On Tuesday the central bank lowered its benchmark lending rate to 12.75% from 13.00% previously, saying there was scope to ease policy gradually as inflation had fallen below the midpoint of its target range.

(Reporting by George Obulutsa; Editing by Alexander Winning)