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the kes hits 83-are cbk concerned about inflation?
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And the rout continues - http://af.reuters.com/ar...s/idAFLDE72A0G120110311
@Kizee1 - New record lows for USD/KES rate @85.60/70 - down 1.78% today. Biggest down drop since May 19th 2010 when Greece default scenario spooked global markets. USD/KES @90 still remains my mark... Next I'll rotate to the rand. This one too has some decent selling to go in Q2. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi
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hisah yes closed at 85.7080...ur 90 prediction cud be spot on, sadly only cbk can help
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Rank: Veteran Joined: 12/23/2010 Posts: 1,229
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Elder wrote:RVP wrote:Agreed. Good news for exporters. I can confirm :) Wish it could hit 90, even 100. a tad irresponsible...:)
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Rank: Member Joined: 5/3/2010 Posts: 145 Location: East Africa
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Elder wrote:RVP wrote:Agreed. Good news for exporters. I can confirm :) Wish it could hit 90, even 100. Talk about being selfish.
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Rank: Elder Joined: 10/4/2006 Posts: 13,823 Location: Nairobi
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i have some dollars to dispose - waiting for 90! All Mushrooms are edible! Some Mushroom are only edible ONCE!
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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U know what...there is a time when we were used 63/$ then it went to 80/$ sooner rather than later we got used to it and learned to live. Tujipange. I am confident that the forex trading desk @ KCB are making us a fortune!!
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Rank: User Joined: 5/9/2010 Posts: 1,418 Location: Nai
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Stealth wrote:Elder wrote:RVP wrote:Agreed. Good news for exporters. I can confirm :) Wish it could hit 90, even 100. Talk about being selfish. it will hit 90.00 ...that technically possible and fundamentally supported... Your future depends on your dreams so go to sleep !
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Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi
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qw25041985 wrote:Stealth wrote:Elder wrote:RVP wrote:Agreed. Good news for exporters. I can confirm :) Wish it could hit 90, even 100. Talk about being selfish. it will hit 90.00 ...that technically possible and fundamentally supported... did u read ndungus statement on friday?
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Rank: Member Joined: 9/29/2010 Posts: 679 Location: nairobi
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seeing kes has staged a rally 84.85*95 at the mom...however if cbks statements r mere rhetoric 90 here we come
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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kizee1 wrote:seeing kes has staged a rally 84.85*95 at the mom...however if cbks statements r mere rhetoric 90 here we come CBK is bluffing... Just like they said inflation will remain below 5%.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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the kes hits 83-are cbk concerned about inflation?
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