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Cde Monomotapa
#21 Posted : Wednesday, May 30, 2012 2:10:11 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Let me bring it even closer. Just listen keenly to your Diaspora folks, esp.those on the West. Those pple are thinking about home more than ever before. Observe also the sudden spike in remittance breaking records m-o-m. That is capital flight people. Stay tuned.
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Cde Monomotapa
#22 Posted : Wednesday, May 30, 2012 2:14:48 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
Let me bring it even closer. Just listen keenly to your Diaspora folks, esp.those on the West. Those pple are thinking about home more than ever before. Observe also the sudden spike in remittance breaking records m-o-m. That is capital flight people. Stay tuned.

Just wait & we'll see how KCB's Diaspora Banking product will be a such a resounding success.
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ralp_mutu
#23 Posted : Wednesday, May 30, 2012 4:29:18 PM
Rank: Member


Joined: 3/26/2012
Posts: 232
Location: Nairobi
Probably next is CRR Adjustment by CBK or rather the USD is just bulling
My folks told me that my very first word was 'billionaire'
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maka
#24 Posted : Wednesday, May 30, 2012 6:39:06 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
They have been doctoring the inflation rates,if inflation ever did come down it was by a very small margin not what the CBK has been reporting...looking forward things aren't going to be rosy,maize shortage,upcoming elections et al...this thing will come back and bite us eventually and it will be really bad.
possunt quia posse videntur
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Ali Baba
#25 Posted : Wednesday, May 30, 2012 7:57:21 PM
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Joined: 8/29/2008
Posts: 571
CDE: An interesting observation.But we in diaspora don't operate the way you think.
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guru267
#26 Posted : Wednesday, May 30, 2012 7:57:37 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Ash Ock wrote:
Is this movement being caused by the weakening of the KES or by the strengthening of the USD?


For all those closed in their Kenyan cocoons I have some info.. The world does not revolve around Kenya!!!.. Has anyone taken time to observe these??

AUD/USD
EUR/USD
ZAR/USD

etc etc..

The EUR strengthens and the KES strengthens & vice versa..
Mark 12:29
Deuteronomy 4:16
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