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Ksh at its weakest since it floated in 1994
kyt
#721 Posted : Thursday, May 31, 2012 2:47:02 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
the deal, i concur, way better. the best thing is most of us here knew that this was going to happen. let the movie "saving the shilling 2" begin.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
hisah
#722 Posted : Thursday, May 31, 2012 8:59:10 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
www.nation.co.ke/busines...6/-/r04kytz/-/index.html

The games have began smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
the deal
#723 Posted : Thursday, May 31, 2012 10:07:16 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
kyt wrote:
the deal, i concur, way better. the best thing is most of us here knew that this was going to happen. let the movie "saving the shilling 2" begin.

They sold $124mn in 4 days in their quest of defending the KES...that $124mn will be used to finance more imports...KES at 86.3...gimme gimme popcorns...can't wait for Monday...smile
hisah
#724 Posted : Tuesday, June 05, 2012 9:16:38 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
the deal wrote:
kyt wrote:
the deal, i concur, way better. the best thing is most of us here knew that this was going to happen. let the movie "saving the shilling 2" begin.

They sold $124mn in 4 days in their quest of defending the KES...that $124mn will be used to finance more imports...KES at 86.3...gimme gimme popcorns...can't wait for Monday...smile

Today CBR story will tell where the tape will head...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#725 Posted : Tuesday, June 05, 2012 4:02:23 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Yet again KES is popping up on the worst currency performing list...

Quote:

The shilling depreciated 3.5 percent last month, making it the sixth-worst performer among African currencies, according to data compiled by Bloomberg.



http://www.bloomberg.com...rent-account-gap-1-.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
kyt
#726 Posted : Tuesday, June 05, 2012 4:16:14 PM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
As expected @hisah
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
hisah
#727 Posted : Friday, June 08, 2012 1:48:06 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Tbills (182 & 364 day) reversing the 5 month downtrend... The inverted yield curve period is refusing to go away...

So NSE up and tbill yields looking to go up as well as KES gaining strength. Eh, someone is lying big time. Guess who?

Anyway I hope the EURKES keeps tanking. Now at 105 & looking lower. Exports to euroland getting crimped by strong KES. What will that do to the BoP? I'm liking the confusion on imports vs exports. Another round of smashing the KES is in horizon as the econ bleeds. KES is supposed to be weak as per fundies, but money lords force it to be strong...

www.businessdailyafrica....2/-/aj8sy4z/-/index.html

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#728 Posted : Friday, June 08, 2012 3:24:57 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Someone is truly clutching onto straws here. SMH
hisah
#729 Posted : Friday, June 08, 2012 4:06:21 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
Someone is truly clutching onto straws here. SMH


smilesmile Rainmakers were hired and did their job, but someone's sleeping at the deck. We will compare notes Dec 2012.

Buy euros and convert them to KES by Dec 2012.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Cde Monomotapa
#730 Posted : Friday, June 08, 2012 5:03:54 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
hisah wrote:
Cde Monomotapa wrote:
Someone is truly clutching onto straws here. SMH


smilesmile Rainmakers were hired and did their job, but someone's sleeping at the deck. We will compare notes Dec 2012.

Buy euros and convert them to KES by Dec 2012.


I don't do Vegas man. You are on your own.
86 Pages«<7172737475>»
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