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Ksh at its weakest since it floated in 1994
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Cde Monomotapa
#271 Posted : Saturday, September 24, 2011 9:30:19 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
!! 60 dollar crude !! Laughing out loudly Laughing out loudly
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hisah
#272 Posted : Sunday, September 25, 2011 11:45:15 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Toothless dog CBK... Just verbal threats. Show us the weapons. Showing up to a gun fight with verbal threats is ridiculous to say the least... http://www.businessdaily...0/-/5otquxz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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kizee1
#273 Posted : Monday, September 26, 2011 9:49:17 AM
Rank: Member

Joined: 9/29/2010
Posts: 679
Location: nairobi
100 paid
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Mainat
#274 Posted : Monday, September 26, 2011 10:21:06 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
100.3 and heading towads 110. In inflation terms this implies we've imported an additional 20% inflation since MArch. If this was South Korea, China, Indonesia, Brazil, they'd have brought fx/capital controls without a 2nd thought. Why is this? Because they understand fully that there is no such thing as a free market. The professor is probably sat in his office busily googling Milton Friedman to see what he said about FX ABK
Sehemu ndio nyumba
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hisah
#275 Posted : Monday, September 26, 2011 10:34:53 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
http://www.forexpros.com/currencies/usd-kes -> 100.30 with CBK brandishing a pen knife in a gun fight... Bure kabisa... And the dollar squeeze has not yet picked up the mojo momentum...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa
#276 Posted : Monday, September 26, 2011 10:40:02 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
smile this will make Nakumatt the most expe supermarket in Kenya and also slowdown the importation of luxury/discretionary doodads.
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McReggae
#277 Posted : Monday, September 26, 2011 10:40:44 AM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
110/= by weekend!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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Cde Monomotapa
#278 Posted : Monday, September 26, 2011 10:57:28 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
In other news, Brent Crude down to USD103/barrel. Let's see if it will break below $100.
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  | | Edit by user: Monday, September 26, 2011 11:06 AM | Reason: Not specified
KulaRaha
#279 Posted : Monday, September 26, 2011 10:59:19 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
hisah wrote:
Toothless dog CBK... Just verbal threats. Show us the weapons. Showing up to a gun fight with verbal threats is ridiculous to say the least... http://www.businessdaily...0/-/5otquxz/-/index.html
CBK is making things worse...someone needs to find a boss to run that place asap!
Business opportunities are like buses,there's always another one coming
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ProverB
#280 Posted : Monday, September 26, 2011 1:41:46 PM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
Reuters on African Markets- September 26th wrote:
KENYA CURRENCY: Kenya's central bank said it was committed to a market-determined foreign exchange rate only as long as it was supported by fundamentals, in remarks that spooked some observers who feared a retreat from free-market policies.
http://af.reuters.com/ar...ws/idAFL5E7KP0XE20110926 CBK acting on the dollar is seen as hindrance to free market policies..
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16 - 1769 Oxford King James Bible 'Authorized Version
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  | | Edit by user: Monday, September 26, 2011 1:42 PM | Reason: Not specified
86 Pages«<2627282930>»
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