Economic experts gather around

[QuadroK4000]

Sasa we sit do , order a beer and continue whening ?

How many times do you order for a bottle of beer?

 

[Kasaman]

How many times do you order for a bottle of beer?

Most of my friends drink alcohol, i do buy them alcohol but I don't drink alcohol

 

[Denis Young]

Our productivity is low so we are not earning much from exports. For the rate to go to 130 the CBR rate will need to be increased. That will hurt other sectors of the economy. If interest rates are maintained, dollar will be 140-150

The assumption then is that the dollar hit 160 overnight because we were not exporting much?

Also, the only reason the interest rates were raised was to increase demand for the shilling after the FED raised their rates due to inflation. Consequently, when the US cuts rates, CBK should follow and cut rates in Kenya not a moment before.

However long term strategies around taxing imports that we can produce locally as well as building internal capacity for cooking oil production will reduce our import bill. By solving the import problem we can equally fix the export problem. We might be exporting cooking oil in a few years.

And btw, shilling is now down to 132 against the dollar. Has the demand dissipated?

 

[Mwalimu-G]

We might be exporting cooking oil in a few years.

Did the Oil Palm seedlings from Mali ever arrive?

https://video.ffjr8-1.fna.fbcdn.net/v/t42.1790-2/383719790_710442740958726_6298669995772411758_n.mp4?_nc_cat=111&ccb=1-7&_nc_sid=55d0d3&efg=eyJ2ZW5jb2RlX3RhZyI6InN2ZV9zZCIsInZpZGVvX2lkIjo3Mzg3NTYzOTgyOTY4MzN9&_nc_ohc=8VU7OHHpLEUAb5063d2&_nc_oc=Adhz4iuH6wsm1-QXuZ_vVTAknSYljR7H6A9GO06VFaVfBQjQk_aa1-XZmUPCG-qOuI4&_nc_rml=0&_nc_ht=video.ffjr8-1.fna&oh=00_AfDMN6nxXdU2lH452OZPOPHVACw_8JL8LT9PShfPMbx4Ag&oe=662C00AD

 

[Okiya]

And btw, shilling is now down to 132 against the dollar. Has the demand dissipated?

Here's the rate.

 

[Denis Young]

Here's the rate.

View attachment 94629

What was the peak last week?

 

[zapp_brannigan]

No I'm not whining. I'm opening your eyes and mind so that next time you don't the mistake of waking up at 4am to vote such characters

View attachment 94564

Ile machos iko Juja inaweza jaza seven forks bwana . He has cost Juja so much in terms of developments from the county government. I understand some funds meant for Juja wards have been reallocated to other wards in Kiambu.

 

[shocks]

Ile machos iko Juja inaweza jaza seven forks bwana . He has cost Juja so much in terms of developments from the county government. I understand some funds meant for Juja wards have been reallocated to other wards in Kiambu.
View attachment 94633

Huyu governor tho ni mtu bure, why punish you electorate coz. you have beef with the mp

 

[Okiya]

What was the peak last week?

I don't know. How much was it?

 

[petlava]

Our productivity is low so we are not earning much from exports. For the rate to go to 130 the CBR rate will need to be increased. That will hurt other sectors of the economy. If interest rates are maintained, dollar will be 140-150

I really hope and 'pray" Not. I cant wait for it to shuka to somewhere around 100 or lower (wishful thinking) then maisha ya mwananchi will be much more affordable. I long for the days that it never passed beyong 120 for years.

 

[Denis Young]

I don't know. How much was it?

Come back when you know.

 

[Kasaman]

How many times do you order for a bottle of beer?

I don't drink alcohol, but I buy alcohol for my buddies

 

[Okiya]

Come back when you know.

I find such kind of arguments kiddish. What's the big deal in you sharing the exchange rate? Is it state secret?

 

[Denis Young]

I find such kind of arguments kiddish. What's the big deal in you sharing the exchange rate? Is it state secret?

Didn't you just post a screenshot from google as a fact of the matter? Which tells me you didn't bother to apply any context to what is happening with the exchange rate. Yours is just whining. If unga goes up by 10 bob tomorrow will you be here posting pictures ad whining as if market forces don't exist?

 

[Okiya]

Didn't you just post a screenshot from google as a fact of the matter?

I posted the screenshot because you lied that the shilling was 132 when it was 134.

 

[mzeiya]

Here's the rate.

View attachment 94629

@135 now

 

[Denis Young]

I posted the screenshot because you lied that the shilling was 132 when it was 134.

That is exactly why this 'discussion' with you is pointless.

 

[Okiya]

That is exactly why this 'discussion' with you is pointless.

It started getting pointless to you when you couldn't stand to be corrected.