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Kenya Economy Watch
mwekez@ji
#191 Posted : Monday, August 05, 2013 2:18:55 PM
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mwekez@ji
#192 Posted : Monday, August 05, 2013 3:01:30 PM
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mwekez@ji
#193 Posted : Tuesday, August 06, 2013 1:55:52 AM
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mwekez@ji
#194 Posted : Tuesday, August 06, 2013 3:33:31 AM
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mwekez@ji
#195 Posted : Wednesday, August 07, 2013 3:42:11 PM
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CBK says valuation of shilling in line with market forces #Are we indirectly talking currency devaluation¿
mwekez@ji
#196 Posted : Wednesday, August 07, 2013 3:44:46 PM
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mwekez@ji wrote:
CBK says valuation of shilling in line with market forces #Are we indirectly talking currency devaluation¿


"The shilling has been on a slow decline, trading at Sh87.50 on Tuesday, down from Sh84 to the dollar three months ago."
hisah
#197 Posted : Wednesday, August 07, 2013 4:35:54 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mwekez@ji wrote:
mwekez@ji wrote:
CBK says valuation of shilling in line with market forces #Are we indirectly talking currency devaluation¿


"The shilling has been on a slow decline, trading at Sh87.50 on Tuesday, down from Sh84 to the dollar three months ago."

88/- level has been getting CBK defensive, but 90 is likely to print with the sustained oil price upward pressure.

If tbills vault up, the KES slide will be stemmed, but that affects the slashing of lending rates.

#Dilemma...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#198 Posted : Thursday, August 08, 2013 3:44:27 AM
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Joined: 8/4/2010
Posts: 8,977

Recovery not. Just hopium of a recovery - http://www.bloomberg.com...fine-look-at-italy.html

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mwekez@ji
#199 Posted : Monday, August 12, 2013 3:29:06 AM
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mwekez@ji
#200 Posted : Monday, August 12, 2013 3:42:38 AM
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Joined: 5/31/2011
Posts: 5,121
Kenyan firms increase appetite for India, China goods

• KRA customs data for the first five months of the year shows that India and China have widened their lead over other exporters to Kenya.
• The import bill from India’s suppliers leapt 13.4 per cent to Sh87 billion in the period from Sh74.5 billion recorded last year.
• Over the same period, imports from China grew four per cent from Sh63.8 billion to Sh66.3 billion.
• While imports from the UK increased to Sh21.9 billion from Sh17.8 billion by May last year and those from US dropped to Sh25 billion from Sh28.7 billion last year, the figures pale in comparison to import trade with Asia.
• When export destinations are taken on individual basis, the UK is usually the second-largest export destination for Kenya’s goods after Uganda.

263 Pages«<1819202122>»
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