Wazua
»
Investor
»
Offshore
»
USD/KES trend
Rank: Veteran Joined: 11/21/2006 Posts: 1,590
|
I see this thing going back to Ksh100 by Xmas on the back of inflasion and lower exports/higher imports. Agree, disagree don't care? Sehemu ndio nyumba
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Mainat wrote:I see this thing going back to Ksh100 by Xmas on the back of inflasion and lower exports/higher imports.
Agree, disagree don't care? Highly likely esp if the USD rate hike comes sooner.
Been saying KES is cornered for a while now while everyone is fixed on the equity rally which is unsustainable with KE macros looking crappy.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 9/23/2007 Posts: 12
|
Have you taken into consideration the infusion euro bonds proceeds into the market?
|
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
Grip wrote:Have you taken into consideration the infusion euro bonds proceeds into the market? The USD loot is already in the vaults, but this can't stem off the bad macros. KES will bleed since the USD imports are way higher than USD revenues gained via exports. Eurobond loot was not meant as a stop gap for that current account deficit...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
|
Rank: Member Joined: 5/14/2014 Posts: 289 Location: nairobi
|
am looking for a bank with a 'good' USD account to start accumulating some I find satisfaction in owning great business,not trading them
|
|
|
Rank: Veteran Joined: 11/21/2006 Posts: 1,590
|
At 93. Let me call it at 97-99 range for close of 2015. Higher if Fed increases rate this year which I think its unlikely now Sehemu ndio nyumba
|
|
|
Rank: Member Joined: 9/12/2014 Posts: 120 Location: Nyali
|
target1360 wrote:am looking for a bank with a 'good' USD account to start accumulating some Open one with COOP..i have one,with no charges at all!!but should be opened as savings account!
|
|
|
Rank: Member Joined: 9/25/2006 Posts: 4
|
target1360 wrote:am looking for a bank with a 'good' USD account to start accumulating some Bank of Africa, competitive, negotiable rates.
|
|
|
Rank: Veteran Joined: 11/21/2006 Posts: 1,590
|
Ksh100.15 printed Sehemu ndio nyumba
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada
|
Mainat wrote:Ksh100.15 printed Uhuru anaharibu nchi jamaneni.  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Wazua
»
Investor
»
Offshore
»
USD/KES trend
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.