Uhuru amefanya kazi

Imepanda na itazidi kupanda. But can you tell us what was the cost of USD in Oct 2011?
This is the USDKES trend since 1998. What is not normal?
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The continued fall of the shilling is a direct result of Uhuru's stupid economics, and alo of past presidents. We don't need to be paying for dizel for corrupt IPPs with our few dollars. We don't need to be paying the likes of LTWP who just repatriate money. The Chinese should be having more local content in their infrastructure devts -less dollars exported. All these funny conservancies - dollars never reach Kenya, paid in Europe. Etc, etc.
 
First of all, the Kenya Shilling is the 6th best performing currency in Africa in 2021.

Secondly when analysing currencies, you don't look at one currency in isolation. The US economy has been strong and a strong dollar automatically leads to a weaker shilling.

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Thirdly, next year it's election time and it's expected that foreign investors will withdraw. Observe the stock market from now till August and you will note the falling index.

Fourthly, our manufacturing as a percentage of GDP has fallen since 2013. We import everything including under wears. That means more dollars going out.

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Field Marshal said:
The continued fall of the shilling is a direct result of Uhuru's stupid economics, and alo of past presidents. We don't need to be paying for dizel for corrupt IPPs with our few dollars. We don't need to be paying the likes of LTWP who just repatriate money. The Chinese should be having more local content in their infrastructure devts -less dollars exported. All these funny conservancies - dollars never reach Kenya, paid in Europe. Etc, etc.
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Some can't correlate.
 
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