Kenya shilling best performing worldwide

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Wapi that gang that's get mad when the shilling appreciates and madder when the shilling depreciates

 

[Denis Young]

@mzeiya...uliamua aje ile story? Naona kitu iko 136. This slow and steady appreciation speaks to CBK action. I suspect we would be in the 120's by now if CBK weren't acting.

 

[mzeiya]

@mzeiya...uliamua aje ile story?

I decided to spread my bread unto many waters as Scripture advices in Ecclesiastes 11:1 na ile 3M ilibaki nikaweka USD MMF at least ipate mazao kidogo

 

[Denis Young]

I decided to spread my bread unto many waters as Scripture advices in Ecclesiastes 11:1 na ile 3M ilibaki nikaweka USD MMF at least ipate mazao kidogo
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Not a bad idea. At least you are going to recoup some of your fx losses over time. It was just bad timing. What is the return on this btw? I am exploring some options with good returns, kitu itanipatia 'mshahara'.

 

[mzeiya]

What is the return on this btw?

Not much, around 5%. Uzuri withdrawal ni rahisi.

 

[algorithm]

Falling from 118 to the dora wakati ya uhulu to 162 wakati ya hii mikora ndio inaitwa best performance?

 

[Denis Young]

Not much, around 5%. Uzuri withdrawal ni rahisi.

Waaah...those are terrible returns bana kama ni APY. That is less than 150k a year bana.

 

[pop in]

Falling from 118 to the dora wakati ya uhulu to 162 wakati ya hii mikora ndio inaitwa best performance?

why did uhuru not leave it where kibaki left it kana ni urimu mutheri mukonayo

 

[livefire]

I am glad for a strong shilling....thao was becoming worthless, ikirudi 80 bob to the dollar the better even.

 

[livefire]

Not much, around 5%. Uzuri withdrawal ni rahisi.

Too little income with possible withholding tax attached to it, no need of giving zakayo tax ideas.

 

[Cortedivoire]

Good job. Nabii

 

[Tiiga Waana]

why did uhuru not leave it where kibaki left it kana ni urimu mutheri mukonayo

The US Dollar only gained Ksh 2 from Kibaki’s exit to Uhuru”s.
Kenya Kwisha oversaw the US Dollar gain over Ksh 60 in just a few months.
However Tugeges are told otherwise. Comparing the two is like contrasting Day and Night!