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Ksh at its weakest since it floated in 1994

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hisah		#641 Posted : Tuesday, February 14, 2012 12:17:07 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		mwekez@ji wrote: mwekez@ji wrote: hisah wrote: At 82s and below, the USD is cheap. I'll be pushing dollars to KE and sell them later in the year above 90s. http://bit.ly/zxqW4T . The BD guys are crap. Latest data shows CBK Official Foreign Exchange Reserves increased by USD 150M in the period from 03-Feb-12 to 10-Feb-12. The reserves now stand at $4,025M which is more than the $4,002M held on 31-Dec-11. http://www.centralbank.go.ke/do...etin/2012/Feb/100211.pdf That aside, I also don’t see a strong shilling in the coming days. The market will certainly win over the CBK fx manipulations. A quick question @hisah, aint the 10% capital gain a low target for a duration of 1 year 90s means 90 - 99. CBK can fight all they want BD is always an 'accurate' biz paper worth 5/- minus the extra zero. Does it sell on the streets with all the glitches... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#642 Posted : Tuesday, February 14, 2012 5:16:32 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Comedy central still continues... http://www.nation.co.ke/...0/-/gjq2jhz/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#643 Posted : Tuesday, February 14, 2012 6:48:59 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Fuel prices slashed by ERC. Petrol sees only a 63cts cut, diesel & kerosene see better reductions. Cuts based on stable KES http://www.businessdaily...2gil/-/ERC+statement.pdf $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Cde Monomotapa		#644 Posted : Tuesday, February 14, 2012 7:52:07 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		[quote=hisah]Comedy central still continues... http://www.nation.co.ke/.../-/gjq2jhz/-/index.html[/quote] YAWN
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hisah		#645 Posted : Tuesday, February 14, 2012 10:16:17 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		WTF are guys smoking? Mara PSC holds a farce of an investigation on the KES currency run which concludes that CBK boss should be sacked. Now BD has an article that about AfDB stating that Mpesa caused inflation!? What nonsense! Does Mpesa print money to affect money supply... http://www.businessdaily...38/-/tjjsm9/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah		#646 Posted : Tuesday, February 14, 2012 11:41:27 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		CBK still has a tough task to deal with a sticky inflation period. So fuel prices slightly down since Dec 2011, but global oil prices have been up since late Jan 2012. KPLC has notified on increasing fuel cost on power bills as thermal power makes a comeback (I thot it rained oceans as per news reports). Greece's imminent default means an expensive USD period (global liquidity crunch). CBK can't print rain nor oil nor dollars. Very anxious times this... http://www.nation.co.ke/.../-/15tlenxz/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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the deal		#647 Posted : Wednesday, February 15, 2012 12:03:35 AM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		Hehehe unbelievable those MPs, the Prof to be sacked...woow @Cde you must be mad!!!
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itz		#648 Posted : Wednesday, February 15, 2012 3:42:36 AM
Rank: Member Joined: 3/20/2009 Posts: 348		those mpigs are a joke making the good ol governor a scapegoat
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FUNKY		#649 Posted : Wednesday, February 15, 2012 8:36:48 AM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		http://www.coastweek.com/3506_imports.htm
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kizee1		#650 Posted : Wednesday, February 15, 2012 1:48:07 PM
Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi		[quote=hisah]WTF are guys smoking? Mara PSC holds a farce of an investigation on the KES currency run which concludes that CBK boss should be sacked. Now BD has an article that about AfDB stating that Mpesa caused inflation!? What nonsense! Does Mpesa print money to affect money supply... http://www.businessdaily...8/-/tjjsm9/-/index.html[/quote] take home message 1. start to short kes 2. pick up as much kes duration as you can 3. buy stocks 4. pick up some commodities(agricultural)...hisah? maoni?
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