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Ksh at its weakest since it floated in 1994

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tonicasert		#211 Posted : Thursday, September 22, 2011 7:01:18 AM
Rank: Member Joined: 3/10/2008 Posts: 301 Location: Abu Dhabi		With Fed's Operation Twist and warnings of "significant downward risks", stocks selloff esp at NSE by foreignors may nudge USDKES to the 100 mark very soon.
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Cde Monomotapa		#212 Posted : Thursday, September 22, 2011 7:19:18 AM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		tonicasert wrote: With Fed's Operation Twist and warnings of "significant downward risks", stocks selloff esp at NSE by foreignors may nudge USDKES to the 100 mark very soon. !! 60 dollar crude !!
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hisah		#213 Posted : Thursday, September 22, 2011 7:45:33 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Kabird wrote: This is insane..This thing might test 100 mark...We need sound policies instituted...Common Kenyan suffering from this insane high inflation Boss pole sana. This thing will not test 100, it will break above & 120 is a possible target. I dont want to imagine the inflation & lending fallout... I was hoping to come to KE this Dec, but plans cancelled. No biz sense. What of foreign investors... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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GGK		#214 Posted : Thursday, September 22, 2011 8:04:09 AM
Rank: Member Joined: 11/21/2006 Posts: 608 Location: Ruiru		I thought if you are bringing dollars then you would be OK. But inflation may hurt your spending power hisah wrote: Boss pole sana. This thing will not test 100, it will break above & 120 is a possible target. I dont want to imagine the inflation & lending fallout... I was hoping to come to KE this Dec, but plans cancelled. No biz sense. What of foreign investors... "..I am because we are. "― Ubuntu, Umtu,
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kizee1		#215 Posted : Thursday, September 22, 2011 9:08:25 AM
Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi		hisah wrote: Kabird wrote: This is insane..This thing might test 100 mark...We need sound policies instituted...Common Kenyan suffering from this insane high inflation Boss pole sana. This thing will not test 100, it will break above & 120 is a possible target. I dont want to imagine the inflation & lending fallout... I was hoping to come to KE this Dec, but plans cancelled. No biz sense. What of foreign investors... spot now at 97.80*98.00, i think 100 trades today
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kizee1		#216 Posted : Thursday, September 22, 2011 9:10:47 AM
Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi		hisah wrote: Kabird wrote: This is insane..This thing might test 100 mark...We need sound policies instituted...Common Kenyan suffering from this insane high inflation Boss pole sana. This thing will not test 100, it will break above & 120 is a possible target. I dont want to imagine the inflation & lending fallout... I was hoping to come to KE this Dec, but plans cancelled. No biz sense. What of foreign investors... boss pitia for a holiday lol, i will buy u pints, would be interesting to meet you
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hisah		#217 Posted : Thursday, September 22, 2011 9:16:28 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		kizee1 wrote: hisah wrote: Kabird wrote: This is insane..This thing might test 100 mark...We need sound policies instituted...Common Kenyan suffering from this insane high inflation Boss pole sana. This thing will not test 100, it will break above & 120 is a possible target. I dont want to imagine the inflation & lending fallout... I was hoping to come to KE this Dec, but plans cancelled. No biz sense. What of foreign investors... spot now at 97.80*98.00, i think 100 trades today Things are sharply getting disorderly. Can euro PIIGS default asap we get over with the painful slow motion wait. Or the fed just prints $10 trillion and we forget the pain for another 2yrs. Very broken markets. Just look at the Greece bonds (1, 2 & 5yr). Look at US treasurys... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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QW25081985		#218 Posted : Thursday, September 22, 2011 9:24:46 AM
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani		KES at 100 ....this is a joke !!!!!
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Cde Monomotapa		#219 Posted : Thursday, September 22, 2011 9:53:30 AM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		QW25081985 wrote: KES at 100 ....this is a joke !!!!! too much a one way trade now. We need to regulate this thing NOW! Price controls
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FUNKY		#220 Posted : Thursday, September 22, 2011 10:06:25 AM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		If Switzerland can peg its currency with the Euro why cant we take the same step?
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