Ksh at its weakest since it floated in 1994 - Page 76 - Economy - Wazua

Welcome Guest

Wazua » Investor » Economy » Ksh at its weakest since it floated in 1994

Ksh at its weakest since it floated in 1994

Options

Previous Topic · Next Topic

hisah		#751 Posted : Thursday, June 28, 2012 7:04:39 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Seriously treasury!? Inflation effects? Very unpopular this in an election year. Smells like IMF conditions... www.businessdailyafrica....34/-/mkxry5/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

youcan'tstopusnow		#752 Posted : Wednesday, July 18, 2012 1:12:20 PM
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa		So has the Kenya Shilling bottomed? ''Although beaten down over the past five years, this depreciation trend of the Kenyan Shilling appears to have bottomed out, as reflected in the two-year chart above.'' http://www.businessdaily...6/-/k2qspp/-/index.html GOD BLESS YOUR LIFE
Back to top		WWW \| \| Edit by user: Wednesday, July 18, 2012 1:17 PM \| Reason: Not specified
User Profile

hisah		#753 Posted : Wednesday, July 18, 2012 3:28:43 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		youcan'tstopusnow wrote: So has the Kenya Shilling bottomed? ''Although beaten down over the past five years, this depreciation trend of the Kenyan Shilling appears to have bottomed out, as reflected in the two-year chart above.'' http://www.businessdaily...6/-/k2qspp/-/index.html Quote: In 2012, the Shilling has moved in lockstep with the trend in the Euro No need to read the article further... KES strength is artificial - since Dec 2011 CBK is prop it up. The reversal of tbill yields upwards since May is displaying the lie as well as the GDP growth compressing... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\| \| Edit by user: Wednesday, July 18, 2012 3:31 PM \| Reason: Not specified
User Profile

hisah		#754 Posted : Sunday, July 22, 2012 9:56:56 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Tbills up, equities up?! Bizarro market?! Who's fool who... http://www.businessdaily...14/-/v6eam6/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

hisah		#755 Posted : Monday, July 23, 2012 7:50:59 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		EURKES likely to test 96.80 like back in May 2010. Those exporters pricing in euros will see their revenues trimmed badly considering last year in Nov EURKES was trading above 140. So will EURKES by end of 2012 be trading at 96s or sub 96. We will see... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

hisah		#756 Posted : Monday, August 06, 2012 5:31:35 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Interesting argument by Jimnah Mbaru. A Bank of Industries. www.businessdailyafrica....0/-/jrtxaqz/-/index.html $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

hisah		#757 Posted : Thursday, October 04, 2012 5:47:26 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		The secret rewarding trade shorting KES vs Rupee (long INR/KES)... @kizee hope you hoped onto this bus in Aug... Now homing in on the rand i.e. euro vs rand... Above 12 should see a test of 14s then its a breakout into new all time highs. The labour strikes in SA are yet to be baked in the rand. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

hisah		#758 Posted : Friday, October 05, 2012 8:47:01 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Civil servants demand pay review - http://www.businessdaily.../-/4o6ya8z/-/index.html Quote: Civil servants Thursday threatened to go on strike next month if their hardship and house allowances are not harmonised with those of teachers. Share This Story The Union of Kenya Civil Servants has demanded that the government reviews the hardship pay to 30 per cent of basic salary. It has also called for a review of house allowance. The union want both allowances, expected to cost taxpayers billions of shillings, included in this month’s pay failure to which its members will down their tools in four weeks. Said Tom Odege, the union’s secretary-general at a press conference in Nairobi: “If it is not included in the October pay, we will go on strike in November”. When IMF started dispatching the USD loans after the USDKES cross went bonkers, the conditions included control of the wage bill. So far the KE gubberment has ignored that condition. The belt will be tightened soon when the piper comes calling and austerity pills will be served as gubberment spending is cut down to meet the conditions or no more funds flow at the critical time... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

kizee1		#759 Posted : Friday, October 05, 2012 10:04:26 AM
Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi		hisah wrote: The secret rewarding trade shorting KES vs Rupee (long INR/KES)... @kizee hope you hoped onto this bus in Aug... Now homing in on the rand i.e. euro vs rand... Above 12 should see a test of 14s then its a breakout into new all time highs. The labour strikes in SA are yet to be baked in the rand. i wish i did more focused on rates nowadays,much more money to be made
Back to top		\|
User Profile

hisah		#760 Posted : Monday, October 08, 2012 6:13:03 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		The Rand has started taking it in the chin... Mr Market is yet to price in the labour unrest scenario. Shorting rands is in fashion for now. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

86 Pages«<7475767778>»

Wazua » Investor » Economy » Ksh at its weakest since it floated in 1994

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded