USD/KES $ at 95 - Page 17 - Economy - Wazua

Welcome Guest

Wazua » Investor » Economy » USD/KES $ at 95

USD/KES $ at 95

Options

Previous Topic · Next Topic

murchr		#161 Posted : Thursday, July 23, 2015 7:13:12 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		Meanwhile in SA Governor of the Reserve Bank, Lesetja Kganyago announced today that the reserve bank will be hiking rates at 25 bases points. The repo rate will now be at 6%. Kganyago said the committee is concerned that failure to act against these heightened pressures and risks will cause inflation expectations to become entrenched at higher levels. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
Back to top		\|
User Profile

hisah		#162 Posted : Friday, July 24, 2015 8:26:39 AM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		murchr wrote: Meanwhile in SA Governor of the Reserve Bank, Lesetja Kganyago announced today that the reserve bank will be hiking rates at 25 bases points. The repo rate will now be at 6%. Kganyago said the committee is concerned that failure to act against these heightened pressures and risks will cause inflation expectations to become entrenched at higher levels. These CBs will hike rates till they go nuts INO, that news bite about NBK clearing the yuan is significant news! This will give legs to KES unlike these snappy CBR hike. No wonder the ICBC toured KE just before this newsflash and ahead of GES. The GES attendees will be whispering about this new development. Very sneaky from chinaman $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

maka		#163 Posted : Tuesday, July 28, 2015 9:24:49 AM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		http://www.businessdaily.../-/xag8mjz/-/index.html Dangerous words... possunt quia posse videntur
Back to top		\|
User Profile

KulaRaha		#164 Posted : Tuesday, July 28, 2015 9:41:58 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		hisah wrote: murchr wrote: Meanwhile in SA Governor of the Reserve Bank, Lesetja Kganyago announced today that the reserve bank will be hiking rates at 25 bases points. The repo rate will now be at 6%. Kganyago said the committee is concerned that failure to act against these heightened pressures and risks will cause inflation expectations to become entrenched at higher levels. These CBs will hike rates till they go nuts INO, that news bite about NBK clearing the yuan is significant news! This will give legs to KES unlike these snappy CBR hike. No wonder the ICBC toured KE just before this newsflash and ahead of GES. The GES attendees will be whispering about this new development. Very sneaky from chinaman Really? Hmmm, I think the excitement is overdone. It will have little to no effect on the KES. Business opportunities are like buses,there's always another one coming
Back to top		\|
User Profile

muganda		#165 Posted : Tuesday, July 28, 2015 12:24:29 PM
Rank: Elder Joined: 9/15/2006 Posts: 3,907		maka wrote: http://www.businessdailyafrica.com/Njoroge-says-shilling-fall-now-beyond-CBK-control/-/539552/2811236/-/xag8mjz/-/index.html Dangerous words... Indeed, talk can be deadly. This interview alone has seen a loss of 0.50/- from yesterday's close - Usd/Kes currently at 102.405
Back to top		\| \| Edit by user: Tuesday, July 28, 2015 12:25 PM \| Reason: Not specified
User Profile

Pesa Nane		#166 Posted : Tuesday, July 28, 2015 3:10:48 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		maka wrote: http://www.businessdailyafrica.com/Njoroge-says-shilling-fall-now-beyond-CBK-control/-/539552/2811236/-/xag8mjz/-/index.html Dangerous words... Header is an imagination of the inebriated journo! Read the text or watch the video posted above by @muganda Pesa Nane plans to be shilingi when he grows up.
Back to top		\| \| Edit by user: Tuesday, July 28, 2015 3:12 PM \| Reason: Not specified
User Profile

murchr		#167 Posted : Tuesday, July 28, 2015 5:17:48 PM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		KulaRaha wrote: hisah wrote: murchr wrote: Meanwhile in SA Governor of the Reserve Bank, Lesetja Kganyago announced today that the reserve bank will be hiking rates at 25 bases points. The repo rate will now be at 6%. Kganyago said the committee is concerned that failure to act against these heightened pressures and risks will cause inflation expectations to become entrenched at higher levels. These CBs will hike rates till they go nuts INO, that news bite about NBK clearing the yuan is significant news! This will give legs to KES unlike these snappy CBR hike. No wonder the ICBC toured KE just before this newsflash and ahead of GES. The GES attendees will be whispering about this new development. Very sneaky from chinaman Really? Hmmm, I think the excitement is overdone. It will have little to no effect on the KES. Really? In a continent whose majority of imports are from China man? Again really? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
Back to top		\|
User Profile

hisah		#168 Posted : Tuesday, July 28, 2015 7:36:42 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		murchr wrote: KulaRaha wrote: hisah wrote: murchr wrote: Meanwhile in SA Governor of the Reserve Bank, Lesetja Kganyago announced today that the reserve bank will be hiking rates at 25 bases points. The repo rate will now be at 6%. Kganyago said the committee is concerned that failure to act against these heightened pressures and risks will cause inflation expectations to become entrenched at higher levels. These CBs will hike rates till they go nuts INO, that news bite about NBK clearing the yuan is significant news! This will give legs to KES unlike these snappy CBR hike. No wonder the ICBC toured KE just before this newsflash and ahead of GES. The GES attendees will be whispering about this new development. Very sneaky from chinaman Really? Hmmm, I think the excitement is overdone. It will have little to no effect on the KES. Really? In a continent whose majority of imports are from China man? Again really? Short term obviously not. But long term the yuan clearing setup ensures that KE becomes a financial hub for Africa giving KES bull legs. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

KulaRaha		#169 Posted : Friday, July 31, 2015 9:10:11 AM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		So, despite selling over $60M on Wednesday, we are back at 102.70 levels with overnight at 18.5%. Hmmmmmmmmmmm Business opportunities are like buses,there's always another one coming
Back to top		\|
User Profile

hisah		#170 Posted : Friday, August 14, 2015 1:54:47 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		KulaRaha wrote: So, despite selling over $60M on Wednesday, we are back at 102.70 levels with overnight at 18.5%. Hmmmmmmmmmmm Two weeks later USD still at 102 and InterBank above 24%. Sanity out the window! $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top		\|
User Profile

21 Pages«<1516171819>»

Wazua » Investor » Economy » USD/KES $ at 95

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded