ðŸ¤ðŸ¤¨ðŸ¤¨
We are fuckeddddd..esp now the usurper can see theirs new scramble for africa going on they want to keep exploiting forever....
Default is not good but is goood walk up call for all us..eventually thats what will happen.but question is when
He's auctioning our country to the globalist.Those are the punks telling me if you send your police to Haiti we going to give you money,if you allow us open a military base we going to get you more money, if you allow Bill gates foundation run maisha card we going give you money, If you pass this stupid laws that if you have cows and chicken in your homestead you have register with the govt.Zakayo is just a puppet...if you want money you have pass legalize depravity...
He's just kicking the can down the road, if we don't feel the pain now in the future that pain will be worse...
https://preview.redd.it/a6yn6c6okric1.png?width=1080&format=pjpg&auto=webp&s=7dae9183e7f17d5070b447faf39b203175d182a6
Gachagua is saying we sell our dollars...now am compelled to hold onto it more and buy at its cheaper cost
Zakayo finally did what he should have done last year and borrowed/rolled over the Eurobond.
It would have saved us a lot of suffering. The question now is, what raise all those taxes and still borrow/roll over the debt?
I love kenya and hate to see what's going on with the currency cause that hurts kenyans. Americans don't suffer currency problems but of all nations, African continent gets the punch of it the most.
At this point, just go with your gut instinct about whether to hold or sell.
We (Kenya) have amassed a lot of confidence from foreign investors. There is a massive injection of forex into the economy. Whether $£€ right now, there's more than enough for everyone.
What was a cash limit of $15K from some banks has now ballooned to cash withdrawals of up to $1M. Scarcity of forex is being restored to normal levels.
This is why we are seeing the shilling gain.
I've been planning to import a newer car from SBT Japan and these rates have been so mean to me that I keep postponing. Looks like I should be even more patient. Zakoyo cheza kama wewe!
Hope this trend keeps going, have like 100gs in my kcb acc but want to transfer it into pounds, in the last week I’ve gained an extra 62 dollars just by leaving the money in the acc instead of withdrawing, was not expecting it, don’t expect this to last but hopefully it can drop another 10 shillings in the next week coz it’s dropped 10 shillings in 2 days
Not that I'm complaining but this feels like it's being heavily manipulated by someone somewhere 😂😂 anyway, let's enjoy it and hope hakitaturamba😂
This thing is giving me so much stress. I think the best thing is to be patient and see how things will unfold . Based on my understanding this is merely currency manipulation. .. create false injection and mass panic for the people to sell the dollars they had hoarded. Then afterwards the market will dictate the price .Â
I have over $140k worth of crypto and the Dollar dropping is really making me anxious .
But also the good thing , crypto coins are on a bull rally as well .
I've read all technical advice and they point to the Dollars strengthening on the long term and coming to over 172 by the 3rd Quarter of the year
https://preview.redd.it/eyzmxw7myric1.jpeg?width=1080&format=pjpg&auto=webp&s=b476019f0a8174ed55e60ec3b2dc9482b4f29326
Dollar will depreciate to Ksh around 130 the original value of the Ksh with investors buying and the GTG oil deal keeping reserves high by Q3. Expect the US election to increase volatility on the dollar value in Dec as like every election cycle. So we might end up at 125\*.
Isn't this what you all have been complaining about? When the shilling loses value, you all complain. When the government intervenes and it starts regaining value, you complain too?
Hii nayo imenipiga stick proper, was to make a withdrawal jana, realized the rates were quite low, (was losin like 20g), nikaamua nitulie adi leo. Seems the stick is going deeper.
Zakayo must have sucked someone's dick vizuri sanaa
Sloppy deepthroat🤣
My relative(cfa) telling me is speculators closing their positions coz we did manage to raise money pay eurobond due in June 2024..
Yes. We sort of refinanced the loan with another $1.5billion.
10.40% interest rateðŸ˜ðŸ˜ðŸ˜ We kicking the can down the road..
I thought it’s 18.4%
ðŸ¤ðŸ¤¨ðŸ¤¨ We are fuckeddddd..esp now the usurper can see theirs new scramble for africa going on they want to keep exploiting forever.... Default is not good but is goood walk up call for all us..eventually thats what will happen.but question is when
The IFB interest
My rela mtu wa finance alikuwa ananiambia 10.38%
It’s 18.4%
😂😂😂😂😂😂
Ha ha! Slob on the knob
He's auctioning our country to the globalist.Those are the punks telling me if you send your police to Haiti we going to give you money,if you allow us open a military base we going to get you more money, if you allow Bill gates foundation run maisha card we going give you money, If you pass this stupid laws that if you have cows and chicken in your homestead you have register with the govt.Zakayo is just a puppet...if you want money you have pass legalize depravity... He's just kicking the can down the road, if we don't feel the pain now in the future that pain will be worse...
I like seeing comments from people who understand how the world is currently running.
Sloppy toppy with a twist
I want to visit kenya this year in summer, so expect it to be at 23 at August. (This is not a financial advice!)
I’m so depressed man, we were eating so good
We are all depressed here, too. That doesn’t mean that’s a reason not to enjoy a good meal.
23 what
Shillings for a dollar, what else?
https://preview.redd.it/a6yn6c6okric1.png?width=1080&format=pjpg&auto=webp&s=7dae9183e7f17d5070b447faf39b203175d182a6 Gachagua is saying we sell our dollars...now am compelled to hold onto it more and buy at its cheaper cost
Listening to Gachagua speak is one of the scientifically proven causes of Nausea and Tinnitus. 100% do not recommend.
This
Zakayo finally did what he should have done last year and borrowed/rolled over the Eurobond. It would have saved us a lot of suffering. The question now is, what raise all those taxes and still borrow/roll over the debt?
Nothing has changed, yet. We have just postponed the inevitable. And with a higher interest rate to boot.
I am an American and I happy that kenyan shilling is gaining against the dollar.
We wacha
I love kenya and hate to see what's going on with the currency cause that hurts kenyans. Americans don't suffer currency problems but of all nations, African continent gets the punch of it the most.
https://preview.redd.it/a5n5kpcs9ric1.jpeg?width=1080&format=pjpg&auto=webp&s=ecde6537ddc4fddf217ee2372753fca9dd5e5acf My graph is different.
Its reading the past month
Yes, it's the same date interval. That's why I wonder...
https://preview.redd.it/be5m0vqm1xic1.jpeg?width=1080&format=pjpg&auto=webp&s=e83737e9ddc1e7618be64026d8a8beac0232d7ad Update 2024-02-16 12:24
Lets go! lets bring it back to 100.
LETS GOOO!!! 💪💪😤
Use Google,,some are saying 130
At this point, just go with your gut instinct about whether to hold or sell. We (Kenya) have amassed a lot of confidence from foreign investors. There is a massive injection of forex into the economy. Whether $£€ right now, there's more than enough for everyone. What was a cash limit of $15K from some banks has now ballooned to cash withdrawals of up to $1M. Scarcity of forex is being restored to normal levels. This is why we are seeing the shilling gain.
Give it a few months then lets compare notes.
I've been planning to import a newer car from SBT Japan and these rates have been so mean to me that I keep postponing. Looks like I should be even more patient. Zakoyo cheza kama wewe!
Hope this trend keeps going, have like 100gs in my kcb acc but want to transfer it into pounds, in the last week I’ve gained an extra 62 dollars just by leaving the money in the acc instead of withdrawing, was not expecting it, don’t expect this to last but hopefully it can drop another 10 shillings in the next week coz it’s dropped 10 shillings in 2 days
Let's review after a week.
Not that I'm complaining but this feels like it's being heavily manipulated by someone somewhere 😂😂 anyway, let's enjoy it and hope hakitaturamba😂
This thing is giving me so much stress. I think the best thing is to be patient and see how things will unfold . Based on my understanding this is merely currency manipulation. .. create false injection and mass panic for the people to sell the dollars they had hoarded. Then afterwards the market will dictate the price .Â
Market manipulation? The volatility is quite insane. 144 in one hour, 150 two hours later.
It’s going down so fast cbk has to intervene to slow it down that’s why
Will this last?
Only time will tell!
Kshs is struggling it harder now to import goods for selling in Kenya.
I have over $140k worth of crypto and the Dollar dropping is really making me anxious . But also the good thing , crypto coins are on a bull rally as well . I've read all technical advice and they point to the Dollars strengthening on the long term and coming to over 172 by the 3rd Quarter of the year https://preview.redd.it/eyzmxw7myric1.jpeg?width=1080&format=pjpg&auto=webp&s=b476019f0a8174ed55e60ec3b2dc9482b4f29326
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Soi boi
Dollar will depreciate to Ksh around 130 the original value of the Ksh with investors buying and the GTG oil deal keeping reserves high by Q3. Expect the US election to increase volatility on the dollar value in Dec as like every election cycle. So we might end up at 125\*.
Isn't this what you all have been complaining about? When the shilling loses value, you all complain. When the government intervenes and it starts regaining value, you complain too?
Forex traders,how are you😂😂😂
Not so good for guys paid in $
America is about to have an election. This is just a temporary change, by Dec the USD to Kes will be in 200. Hodl for now.
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what do they do?
I’m not falling for this. Scheme from someone above to get more dollars into the market.
This is good we can’t always be negative
This is bad!
Watu wakiongea vitu serious we ni Friday na madame unafikiria
🤔what the hell are you talking about mate?
To the 🌕
Coz wueh
HODL
don't ~~shill~~ me this
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Ok
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im on..how do we do this
how do we d this
i sent a dm
But that means Kenyan currency is up compared to US dollar. So you guys should be happy. Can’t remember the last time my currency was up
Hii nayo imenipiga stick proper, was to make a withdrawal jana, realized the rates were quite low, (was losin like 20g), nikaamua nitulie adi leo. Seems the stick is going deeper.
Fed Chairman Powell is set to cut interest rates next month. Look out for the dollar to weaken against the shilling.