Opus Dei has totally failed - Bankster ripping apart kenyans

[RV Pundit]

• Tweet

2. Of the 5 Kenyan banks that have reported so far, KCB Group recorded the largest y/y growth in Forex Trading Income, rising by 69.2% to reach KES 11.1B. pic.twitter.com/ZnnIQJ3mKM

— Mwango Capital (@MwangoCapital) March 21, 2023

?s=20

[patel]

Dollar retreated ritru bit today not sure why..maandamano or rain across the country. I hope it hits 150 soon.

[Kadudu]

He has failed. Now let that local girl to run CBK. I hear she impressed the vetting panel.

[RV Pundit]

At this point - Opus dei is useless.
That girl will handle other business.
I expect Samburu Dr Sirima to get the job - first Samburu Central Bank governor.

Also Deputy Gov Mbijjiwe is going home - so there is another position for any good luhya out there

He has failed. Now let that local girl to run CBK. I hear she impressed the vetting panel.

[RV Pundit]

Opus dei has failed

"We are having conversations with the Central Bank of Kenya to reinstate the interbank foreign exchange market"

President Ruto

— Julians Amboko (@AmbokoJH) March 22, 2023

?s=20

[RV Pundit]

I might miss the dollar train

Buying US Dollar at 128 and selling at 136

— Satellite Forex Bureau (@Satelliteforex) March 22, 2023

?s=20

[RV Pundit]

Opus dei wakes up

Press release: Kenya Foreign Exchange Code pic.twitter.com/GYdGA6SaWo

— Central Bank of Kenya (@CBKKenya) March 22, 2023

?s=20

[Kadudu]

Opus dei wakes up

[hk]

 CBK has opened interbank forex trading. So going forward dollars will be more readily available and the true value of ksh vs dollar will be determined by the market. CBK has squashed  Parallel exchange rates https://www.bloomberg.com/quote/USDKES:CUR#xj4y7vzkg .

[sema]

CBK has opened interbank forex trading. So going forward dollars will be more readily available and the true value of ksh vs dollar will be determined by the market. CBK has squashed  Parallel exchange rates

Why did it take them so long to figure this out?

[RV Pundit]

Yes let see what it truly is.

CBK has opened interbank forex trading. So going forward dollars will be more readily available and the true value of ksh vs dollar will be determined by the market. CBK has squashed  Parallel exchange rates https://www.bloomberg.com/quote/USDKES:CUR#xj4y7vzkg .

[RV Pundit]

Someone interfered with CBK mandate and tried to pull a goldenburg.
Rogue bankster cannot be punished when main rogue NCBA is owned by the president.

Why did it take them so long to figure this out?

[hk]

unintended consequences of running a managed exchange rate without enough forex reserve. Parallel exchange develops and forex shortage due to hoarding. Its analogous to capping of interest rates which resulted in slowing of credit growth and shaylock rates for bank mobile loans.