NAIROBI, May 5 (Reuters) - Kenya's shilling dipped 0.2 percent in early trading on Monday before recouping the losses as some commercial banks booked profit on long dollar positions, a senior currency trader said.     At 0700 GMT leading commercial lenders quoted the shilling  
  KES=
   at 86.85/95 to the dollar, matching Friday's closing price.      The local currency has held its ground against the greenback, down 0.3 percent in the year to date, supported by the central bank's stance of draining excess liquidity from the money market.      "The fact that central bank is still keeping the money market tight is supporting the shilling," the senior trader said. "We're not seeing that much (dollar) demand and whatever is coming in is easily being met by supply from the agricultural sector."     By absorbing liquidity, the central bank makes it more expensive to hold long dollar positions, thereby shoring up the shilling.     The weighted average yield on the overnight rate  
  CBK02
   on May 2 was 8.42 percent, above April's low of 6.73 percent on April 9.     "We expect the shilling to trade within 86.50/87.00 this week, with more bias on a stronger shilling," Bank of Africa said in a market briefing note.       
  KES=
    
  KES1=
  ...........................Shilling spot rates   
  KESF=
    
  0#KESF=
  .....................Shilling forward rates   
  EURKES=
    
  KESX=
    
  KESX1=
  .......................Cross rates   
  KES=KE
  ..................................Local contributors   
  CBKINDEX
  .......................Central Bank of Kenya Index   
  KE/DEBT
  .....................Kenyan Bonds contributor pages   
  CBK03
    
  CBK06
    
  KE3MTB=
  ...............Treasury bill yields   
  CBK04
  ..................Central bank open market operations   
  CBK07
  .........................Horizontal repo transactions   
  KEIBR=
  , 
  CBK02
  ................Daily interbank lending rate   
  0#KETSYSTR=
  .............................Kenya Bond pricing   
  ECONAFRICA
  ..................Real time Africa economic data  <ECI & AFR> ...........................African economic news  
  .NSE20
   .................................NSE-20 Share Index  
  .NASI
   .................................NSE All Share Index  
  .FTFNKEN1
   ...........................FT NSE Kenya 15 Index  
  .FTFNKEN2
   .......................... FT NSE Kenya 25 Index  SPEED GUIDES:  
  REUTERS
    
  KES/1
    
  KE/DEBT
    
  MONEY
    
  KE/EQUITY
     (Reporting by Richard Lough; Editing by George Obulutsa and Kevin Liffey)  ((Email: nairobi.newsroom@reuters.com)(Tel: +254 20 221 4608)(Reuters Messaging: richard.lough.thomsonreuters.com@reuters.net))  Keywords: KENYA MARKETS/