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Evolve
#1 Posted : Thursday, May 31, 2012 12:03:51 PM
Rank: Member


Joined: 9/25/2007
Posts: 96
Dear Wazuans

Where is the shilling headed and does it make sense to hedge at the moment if one has USD liabilities? Which is the best local bank for hedging?
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Impunity
#2 Posted : Thursday, May 31, 2012 4:46:20 PM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
This thing is headed back to the 90s range.
Its worthhile to Hedge now, I think StanChart is a good bet.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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