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USD at 90.00
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Sober
#1 Posted : Monday, June 13, 2011 12:21:40 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
The shilling's hit the 89.55 level to the dollar earlier today. There's blood in the water......
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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FUNKY
#2 Posted : Monday, June 13, 2011 12:35:23 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
This was expected....things will start becoming worse if it crosses the 90/-mark.
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ngapat
#3 Posted : Monday, June 13, 2011 12:55:52 PM
Rank: Veteran

Joined: 12/11/2006
Posts: 930
This is ugly considering that kenya is a net importer
“Invest in yourself. Your career is the engine of your wealth.”
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Impunity
#4 Posted : Monday, June 13, 2011 1:06:15 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Back to the Nyayo era!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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FUNKY
#5 Posted : Monday, June 13, 2011 1:15:56 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
I wonder how fuel prices are going to come down????
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Njung'e
#6 Posted : Monday, June 13, 2011 1:18:11 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
FUNKY wrote:
I wonder how fuel prices are going to come down????


One more reason why UK is the man to beat up before 2012.smile
Nothing great was ever achieved without enthusiasm.
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bwenyenye
#7 Posted : Monday, June 13, 2011 1:21:19 PM
Rank: Elder

Joined: 5/24/2007
Posts: 1,805
Brace yourselves for KShs 100 to the USd by end of year
I Think Therefore I Am
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Kaigangio
#8 Posted : Monday, June 13, 2011 1:22:28 PM
Rank: Elder

Joined: 2/27/2007
Posts: 2,768
are there any economic fundamentals that have been messed up with to warrant this shilling weakening??

during moi era ('93 to 98) it leaped to past shs 100 mark, but it was being manipulated by moi era crooks...
...besides, the presence of a safe alone does not signify that there is money inside...
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Cde Monomotapa
#9 Posted : Monday, June 13, 2011 1:31:35 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
ngapat wrote:
This is ugly considering that kenya is a net importer
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jerry
#10 Posted : Monday, June 13, 2011 1:52:20 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Njung'e wrote:
FUNKY wrote:
I wonder how fuel prices are going to come down????


One more reason why UK is the man to beat up before 2012.smile

=> and that is modestly put.
The opposite of courage is not cowardice, it's conformity.
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