Wazua
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Ksh at its weakest since it floated in 1994
Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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with 106.25 printed i now pity poor prof. ndungu and CBK nothing seems to be working, i wonder which gospel songs beam out his car radio
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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KES keeps tumbling - the new record low against the USD is 106.05. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi
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106.90 paid...if we keep updating last paid price this thread will be the longest in history
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Rank: Veteran Joined: 11/21/2006 Posts: 1,590
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106.85 heading to 107. Pity nobody listens. Fx controls required otherwise tuko kubaya. It shouldn't matter what is happening in Ug/Tz et al. Sehemu ndio nyumba
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Rank: Elder Joined: 10/9/2008 Posts: 5,389
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At this rate importing a probox will soon cost Ksh 1m.
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Rank: Elder Joined: 5/24/2007 Posts: 1,805
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The Prof is not serious. FX controls are needed pap! Well unless he is playing to his political masters. I Think Therefore I Am
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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here's the technical analysis for the battered shilling
These are my targets Ksh 117.84 ( 138.2%fib extension) is my first target then Ksh 120.42 ( 161.8% fib level) is my second target...
so expect more falling . Niku baya ....
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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bwenyenye wrote:The Prof is not serious. FX controls are needed pap! Well unless he is playing to his political masters. thats what i have been thinking all along since the shilling started falling . He has bn very lax about stopping its fall..Hii campaign money inahitajika anyway . Ama ?
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Contraction monetary policy...CBK should hike that repo rate again to fasten the bottom!
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Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi
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Mainat wrote:106.85 heading to 107.
Pity nobody listens. Fx controls required otherwise tuko kubaya. It shouldn't matter what is happening in Ug/Tz et al. how will FX controls? help? the minute you announce u are introducing controls everyone will close shorts(if any) 120 will not even cap...lets be careful what we ask for
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Wazua
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Ksh at its weakest since it floated in 1994
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