NAIROBI (Reuters) - The Kenyan shilling climbed against the dollar on Tuesday, lifted by hard currency inflows into government paper and foreign investor interest in stocks. At 0805 GMT, commercial banks posted the unit at 76.85/95 per dollar compared with Monday's close of 77.15/25. Traders said it was likely to appreciate to around 76.50 against the greenback in the days ahead. "There is an increasing show of confidence in emerging markets. You see money chasing stocks and government securities," said Chris Muiga, a senior dealer at Kenya Commercial Bank. Kenya's Nairobi Stock Exchange has been enjoying a rally in recent weeks on the back of foreign investor interest. A government bond auction last week is said to have spurred a surge in dollar inflows that strengthened the shilling. Dollar demand by the Central Bank of Kenya, which has been shoring up its reserves, could however curb the local currency's gain, Bank of Africa said in a market report. | 
