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USD at 90.00
KulaRaha
#41 Posted : Thursday, June 16, 2011 2:22:23 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Market is informally suspended...no interbank going on.

90.80 levels.

CBK says they will NOT intervene...morons!
Business opportunities are like buses,there's always another one coming
McReggae
#42 Posted : Thursday, June 16, 2011 2:43:00 PM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Time to earn some forex!!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
kizee1
#43 Posted : Thursday, June 16, 2011 2:53:14 PM
Rank: Member

Joined: 9/29/2010
Posts: 679
Location: nairobi
KulaRaha wrote:
Market is informally suspended...no interbank going on.

90.80 levels.

CBK says they will NOT intervene...morons!



lol..u expected them to?
FUNKY
#44 Posted : Thursday, June 16, 2011 3:08:34 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
We KENYANS should follow what the Egyptians and Tunisians have done...Kibaki and Raila both should go only then something can be done otherwise come 2010 do not be surprised to see the dollar at 100/-.
KulaRaha
#45 Posted : Thursday, June 16, 2011 3:34:32 PM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
kizee1 wrote:
KulaRaha wrote:
Market is informally suspended...no interbank going on.

90.80 levels.

CBK says they will NOT intervene...morons!



lol..u expected them to?


At least verbally
Business opportunities are like buses,there's always another one coming
jerry
#46 Posted : Thursday, June 16, 2011 4:04:46 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
FUNKY wrote:
We KENYANS should follow what the Egyptians and Tunisians have done...Kibaki and Raila both should go only then something can be done otherwise come 2010 do not be surprised to see the dollar at 100/-.

=>They will not go till they convert all their Dollars in foreign accs into KES now that they are safe under the new constitution! Now you see why the kes is weak? It makes business sense.
The opposite of courage is not cowardice, it's conformity.
kizee1
#47 Posted : Thursday, June 16, 2011 4:30:00 PM
Rank: Member

Joined: 9/29/2010
Posts: 679
Location: nairobi
KulaRaha wrote:
kizee1 wrote:
KulaRaha wrote:
Market is informally suspended...no interbank going on.

90.80 levels.

CBK says they will NOT intervene...morons!



lol..u expected them to?


At least verbally



they decided to send banking supervision guys to audit banks transactions.....thats ur tax money being used boys and gals
hisah
#48 Posted : Thursday, June 16, 2011 5:04:22 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
kizee1 wrote:
KulaRaha wrote:
kizee1 wrote:
KulaRaha wrote:
Market is informally suspended...no interbank going on.

90.80 levels.

CBK says they will NOT intervene...morons!



lol..u expected them to?


At least verbally



they decided to send banking supervision guys to audit banks transactions.....thats ur tax money being used boys and gals


@Kizee1 - Now you see the Ksh 90/- is no longer blasphemy...

I was informed by my cousin that the power bills almost doubled for the month of May?! At this rate with the USDKES on the race to the bottom, those power bills could double again considering oil is still up and the forex carnage!?

Manufacturers will pass these costs to consumers... Inflation??? GDP growth???
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
the deal
#49 Posted : Thursday, June 16, 2011 10:06:20 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Hehehe the Shilling is the new Zimbabwean dollar...u mean its underperfoming the weak $...LMAO...
simonkabz
#50 Posted : Thursday, June 16, 2011 10:41:52 PM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Tanzanian Shilling also not doing too well against the dollar. Has slid from 1200ish to 1500ish.
TULIA.........UFUNZWE!
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