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of e-CON-omics and the $ at 100
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the deal
#21 Posted : Monday, September 26, 2011 1:58:15 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
ProverB wrote:
Mainat wrote:
The lowest the rate has been this morning is 100.606. labda hiyo ni ya Eastleigh


well.. waiting for clarification. i think instead i'm learning all about business opportunities in agriculture!!..wish there was a way to get the forex ticker! Sad

Track it Live here http://contrarianinvestingkenya.info
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ProverB
#22 Posted : Monday, September 26, 2011 2:04:25 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
the deal wrote:
Track it Live here http://contrarianinvestingkenya.info


..natafuta online platforms posting the high/low ..not jus average..
..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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jawz1
#23 Posted : Monday, September 26, 2011 2:15:29 PM
Rank: Member


Joined: 8/4/2008
Posts: 205
Location: Nairobi
ProverB wrote:
Mainat wrote:
The lowest the rate has been this morning is 100.606. labda hiyo ni ya Eastleigh


well.. waiting for clarification. i think instead i'm learning all about business opportunities in agriculture!!..wish there was a way to get the forex ticker! Sad


Think Larry has it plain wrong; highest so far today is 102shs; you can follow the forex trend on this site but must warn you it's like watching a train crash in slow motion, not for the faint-hearted smile

Forexpro
"When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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Mo
#24 Posted : Monday, September 26, 2011 7:33:09 PM
Rank: Member


Joined: 9/21/2007
Posts: 326
the sovereignity of the shilling must be restored. someone at CBK needs to pack.
Speak your truth quietly and clearly; and listen to others, even the dull and the ignorant; they too have their story.
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Njung'e
#25 Posted : Tuesday, September 27, 2011 9:26:36 AM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Mo wrote:
the sovereignity of the shilling must be restored. someone at CBK needs to pack.


Agreed.I am starting to doubt this Ndung'u fellow.All he does is bark and grin as if all is well.Since he was appointed CBK governor,the shilling has drppoed 43% against the dollar.That's not a good record.Sad
Nothing great was ever achieved without enthusiasm.
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FUNKY
#26 Posted : Tuesday, September 27, 2011 10:04:26 AM
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Joined: 4/30/2010
Posts: 1,635
Ndungu must leave.
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Cde Monomotapa
#27 Posted : Tuesday, September 27, 2011 11:25:33 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Better start honing ur jembe & panga skills. It's back to agrarian Kenya.
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KulaRaha
#28 Posted : Tuesday, September 27, 2011 11:32:12 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
There are many things stronger than the shilling. Go see twitter and search for

#ThingsStrongerThanTheKenyaShilling
Business opportunities are like buses,there's always another one coming
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Njung'e
#29 Posted : Tuesday, September 27, 2011 12:37:11 PM
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Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
104.15.....This is unacceptable!
Nothing great was ever achieved without enthusiasm.
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IT'd
#30 Posted : Tuesday, September 27, 2011 1:10:40 PM
Rank: Member


Joined: 3/25/2010
Posts: 111
Location: Nairobi
ProverB wrote:
the deal wrote:
Track it Live here http://contrarianinvestingkenya.info


..natafuta online platforms posting the high/low ..not jus average..

xe should suffice
http://www.xe.com/currencycharts/?from=USD&to=KES

I think we are just getting what we deserve.The CBK governor should have been out of office a long time ago.And judging from history.I dont think there's a going back from this.
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the deal
#31 Posted : Tuesday, September 27, 2011 1:28:53 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
A Recession by 1H 2012 if Shilling stays at this levels or keeps on weakening!!!!
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hisah
#32 Posted : Tuesday, September 27, 2011 4:15:45 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
the deal wrote:
A Recession by 1H 2012 if Shilling stays at this levels or keeps on weakening!!!!


This recession is coming, but people will keep hoping and hoping for the best instead of preparing...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Ali Baba
#33 Posted : Tuesday, September 27, 2011 4:41:41 PM
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Joined: 8/29/2008
Posts: 571
HISAH: Ever heard of Mugambe's Zimbabwean dollar ? We need to start using USD in local,kenyan transactions and dump the worthless shilling.
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KulaRaha
#34 Posted : Tuesday, September 27, 2011 4:46:48 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Ali Baba wrote:
HISAH: Ever heard of Mugambe's Zimbabwean dollar ? We need to start using USD in local,kenyan transactions and dump the worthless shilling.


Its already happening...
Business opportunities are like buses,there's always another one coming
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Djinn
#35 Posted : Tuesday, September 27, 2011 5:02:42 PM
Rank: Elder


Joined: 11/13/2008
Posts: 1,565
Njung'e wrote:
104.15.....This is unacceptable!



I saw similar number's on someone's facebook status update together with some obscure ranting and for a moment I wondered which FM station they were referring to...
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tony stark
#36 Posted : Tuesday, September 27, 2011 9:34:48 PM
Rank: Veteran


Joined: 7/8/2008
Posts: 947
hisah wrote:
the deal wrote:
A Recession by 1H 2012 if Shilling stays at this levels or keeps on weakening!!!!


This recession is coming, but people will keep hoping and hoping for the best instead of preparing...


How do you prepare??
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SAC Cohen
#37 Posted : Tuesday, September 27, 2011 10:22:14 PM
Rank: Member


Joined: 1/3/2011
Posts: 129
Location: Nairobi
tony stark wrote:
hisah wrote:
the deal wrote:
A Recession by 1H 2012 if Shilling stays at this levels or keeps on weakening!!!!


This recession is coming, but people will keep hoping and hoping for the best instead of preparing...


How do you prepare??


Ensure your portfolio has a significant portion of CASH balance, treasury securities. i would say upwards of 45-65%.
If you have any offshore invst. i would say move into dollar-denominated funds.
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ProverB
#38 Posted : Tuesday, September 27, 2011 10:46:49 PM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
SAC Cohen wrote:
Ensure your portfolio has a significant portion of CASH balance, treasury securities. i would say upwards of 45-65%.
If you have any offshore invst. i would say move into dollar-denominated funds.


Cash IS king.
..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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hisah
#39 Posted : Thursday, September 29, 2011 8:13:58 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
tony stark wrote:
hisah wrote:
the deal wrote:
A Recession by 1H 2012 if Shilling stays at this levels or keeps on weakening!!!!


This recession is coming, but people will keep hoping and hoping for the best instead of preparing...


How do you prepare??

@Proverb & Cohen have pointed it out. I'm a fan of KE T-bills at the moment.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Nabwire
#40 Posted : Friday, September 30, 2011 10:36:14 PM
Rank: Veteran


Joined: 7/22/2011
Posts: 1,325
Whatever happened to the talk about the Dollar is weak and should be trashed for the Yuan, oh how times change. But then again, talk is cheap.
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