wazua Sun, Sep 21, 2025
Welcome Guest Search | Active Topics | Log In

43 Pages«<1314151617>»
Ksh at its weakest since it floated in 1994
Options
Previous Topic · Next Topic
Mainat
#281 Posted : Monday, September 26, 2011 1:55:26 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
This is free market nonsense is the biggest lie ever told by the West. Please point me one country in this world that has ever practised free market policies.
Sehemu ndio nyumba
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#282 Posted : Monday, September 26, 2011 2:14:11 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Mainat wrote:
This is free market nonsense is the biggest lie ever told by the West. Please point me one country in this world that has ever practised free market policies.

smile
Back to top
 Report Abusive | Report SPAM
Mainat
#283 Posted : Monday, September 26, 2011 2:21:07 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
101.2 printed. £=157 now also a record. I once dreamt I also £=200 and $=150.
And all this happening when the FinMin is in court. What BS are we telling the world? That only Muigai can be FinMin?
Sehemu ndio nyumba
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#284 Posted : Monday, September 26, 2011 2:39:21 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
The book "confessions of an economic hitman" is printed all over the KES & UGX trends. So what's so special about TZsh that it's only lost 12% #arbitrage# jussayin smile
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#285 Posted : Monday, September 26, 2011 3:04:38 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Cde Monomotapa wrote:
The book "confessions of an economic hitman" is printed all over the KES & UGX trends. So what's so special about TZsh that it's only lost 12% #arbitrage# jussayin smile

and with all the IMF & WB Suits hawking around us.... #fishy#
Back to top
 Report Abusive | Report SPAM
hisah
#286 Posted : Monday, September 26, 2011 3:10:49 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Cde Monomotapa wrote:
The book "confessions of an economic hitman" is printed all over the KES & UGX trends. So what's so special about TZsh that it's only lost 12% #arbitrage# jussayin smile


http://www.youtube.com/w...gZk4&feature=related
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#287 Posted : Monday, September 26, 2011 3:14:24 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
hisah wrote:
[quote=Cde Monomotapa]The book "confessions of an economic hitman" is printed all over the KES & UGX trends. So what's so special about TZsh that it's only lost 12% #arbitrage# jussayin smile


http://www.youtube.com/w...Zk4&feature=related[/quote]
Great.
Back to top
 Report Abusive | Report SPAM
hisah
#288 Posted : Monday, September 26, 2011 4:02:53 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
So today KES is a 2% plus miserable loser against the G10 currencies with GB pound up 3% plus... Crap! That trade deficit will hurt a lot looking at the carnage on USD, GBP and JPY. 2nd hand car dealers will be destroyed by that JPY above 130...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
hisah
#289 Posted : Monday, September 26, 2011 4:36:57 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Currently USDKES = 102... Carnage galore with KES down 3% now. Let me sleep now, hopefully this is a bad dream and tomorrow will confirm... Yawa!

http://www.forexpros.com/currencies/usd-kes
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM | Edit by user: Monday, September 26, 2011 4:38 PM | Reason: Not specified
mlennyma
#290 Posted : Monday, September 26, 2011 4:46:23 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,192
Location: nairobi
Where is the burial ceremony?lets organise and forget there was a ksh.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
 Report Abusive | Report SPAM
Mainat
#291 Posted : Monday, September 26, 2011 5:13:49 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
‘ The Central Bank remains committed to a market determined
exchange rate for as long as it is supported by fundamentals.’ This quote is via the ngreat Aly Sutchi Khan. But what does it mean?
Sehemu ndio nyumba
Back to top
 Report Abusive | Report SPAM
hisah
#292 Posted : Monday, September 26, 2011 7:04:49 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Listen to this and listen good...

http://www.youtube.com/w...;feature=player_embedded
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#293 Posted : Monday, September 26, 2011 7:24:11 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Mainat wrote:
‘ The Central Bank remains committed to a market determined
exchange rate for as long as it is supported by fundamentals.’ This quote is via the ngreat Aly Sutchi Khan. But what does it mean?

Lock this thing at 95 bob.
Back to top
 Report Abusive | Report SPAM
Gordon Gekko
#294 Posted : Monday, September 26, 2011 8:06:06 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
I have just pulled out my very first passport and looked at what the exchange rate was. Then forex was controlled and was recorded in the passport by the issuing bank. One was entitled to ksh 4,000 worth of forex per year using form T. If you wanted more you had to fill form CZ and put in it a convincing argument for Central Bank. I did and was allowed a total of ksh 20,000 for which I got US$ 1,133 in cash and travellers cheques - rate ksh 17.
Back to top
 Report Abusive | Report SPAM
Ali Baba
#295 Posted : Monday, September 26, 2011 8:40:52 PM
Rank: Member


Joined: 8/29/2008
Posts: 571
Which year was that?1991?
Back to top
 Report Abusive | Report SPAM
Jamani
#296 Posted : Tuesday, September 27, 2011 7:22:57 AM
Rank: Elder


Joined: 9/12/2006
Posts: 1,554
Gordon Gekko wrote:
I have just pulled out my very first passport and looked at what the exchange rate was. Then forex was controlled and was recorded in the passport by the issuing bank. One was entitled to ksh 4,000 worth of forex per year using form T. If you wanted more you had to fill form CZ and put in it a convincing argument for Central Bank. I did and was allowed a total of ksh 20,000 for which I got US$ 1,133 in cash and travellers cheques - rate ksh 17.



Indeed you are an elder as ranked smile
Back to top
 Report Abusive | Report SPAM
Cde Monomotapa
#297 Posted : Tuesday, September 27, 2011 7:35:52 AM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Jamani wrote:
Gordon Gekko wrote:
I have just pulled out my very first passport and looked at what the exchange rate was. Then forex was controlled and was recorded in the passport by the issuing bank. One was entitled to ksh 4,000 worth of forex per year using form T. If you wanted more you had to fill form CZ and put in it a convincing argument for Central Bank. I did and was allowed a total of ksh 20,000 for which I got US$ 1,133 in cash and travellers cheques - rate ksh 17.



Indeed you are an elder as ranked smile

Only on Wazua smile Cheers GG! Do you think we can get back to that now and it be effective?
Back to top
 Report Abusive | Report SPAM
Impunity
#298 Posted : Tuesday, September 27, 2011 9:27:00 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,330
Location: Masada
Now that the psycological 100 mark is passed just like in fuel prices do we expect figures in the region of 120?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
 Report Abusive | Report SPAM
moseskariuki
#299 Posted : Tuesday, September 27, 2011 10:06:54 AM
Rank: Hello


Joined: 9/21/2011
Posts: 3
103
Back to top
 Report Abusive | Report SPAM
KulaRaha
#300 Posted : Tuesday, September 27, 2011 10:10:55 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
With our FinMin answering questions of genital mutilation, our Governor of CBK dithering like an idiot...do you think there is anyone there to defend the shilling?
Business opportunities are like buses,there's always another one coming
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (2)
43 Pages«<1314151617>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.