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USD/KES $ at 95
Ericsson
#41 Posted : Monday, May 11, 2015 10:34:54 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,815
Location: NAIROBI
@mazingira;
That is for budgetary support.Our coffers are dry
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KulaRaha
#42 Posted : Monday, May 11, 2015 10:36:19 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
97 or 98 by month end?
Business opportunities are like buses,there's always another one coming
mazingira
#43 Posted : Monday, May 11, 2015 11:14:03 AM
Rank: Member

Joined: 10/26/2012
Posts: 136
Ericsson wrote:
@mazingira;
That is for budgetary support.Our coffers are dry


What is the Rate of Return ?
newfarer
#44 Posted : Monday, May 11, 2015 1:53:18 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Unga will go up. My worry.
punda amecheka
Ericsson
#45 Posted : Monday, May 11, 2015 1:54:30 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,815
Location: NAIROBI
Petrol will go up by nearly 8 shillings on Thursday when ERC does the fuel price review
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
newfarer
#46 Posted : Monday, May 11, 2015 1:56:19 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Unga prices will follow the dollar. I pray that my blessings will follow it too.
punda amecheka
mkonomtupu
#47 Posted : Monday, May 11, 2015 1:59:53 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
I wonder how the shilling will behave once the Fed start the rate hikesPray Pray Pray
Ericsson
#48 Posted : Monday, May 11, 2015 2:26:00 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,815
Location: NAIROBI
And bank loan interest rates will follow too
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mazingira
#49 Posted : Monday, May 11, 2015 2:34:24 PM
Rank: Member

Joined: 10/26/2012
Posts: 136
mkonomtupu wrote:
I wonder how the shilling will behave once the Fed start the rate hikesPray Pray Pray


If one had saved dollars at 80 at say 2% and there been an almost 20% devaluation in the shilling. That's a clean 22% if the fed increases the rate by 0.5% or worse 1%. Theres even more reason to hoarde the currency ...im seeing 100
mazingira
#50 Posted : Monday, May 11, 2015 5:16:06 PM
Rank: Member

Joined: 10/26/2012
Posts: 136
1.00 USD = 96.0000 KES
21 Pages«<34567>»
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