NAIROBI (Reuters) - Kenya's shilling lost ground against the dollar on Monday, dragged lower by importer demand for the U.S. currency. At 1045 GMT, commercial banks quoted the unit at 78.10/20 per dollar compared with Friday's close of 77.85/95. Traders forecast the unit would remain trapped in a 77.50-78.50 range against the dollar as the market focuses on whether the Central Bank of Kenya will buy more greenbacks to shore up its foreign exchange reserves. They said importers such as manufacturers had been active during the session, seeking to buy dollars to fund their requirements. "Nothing suggests that the shilling could break out of the current range of 77.50-78.30," Bank of Africa said in a market report. Traders said they will also be turning their attention to the finance minister's budget presentation on Thursday. "The possible increment of government borrowing may impact on interest rates. The moment liquidity is tight, it becomes difficult to play a short Kenya shilling position," said Chris Muiga, a senior dealer at Kenya Commercial Bank. | 
