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Forum => Kenya Discussion => Topic started by: RV Pundit on September 16, 2014, 08:15:14 AM

Title: Shilling getting the hit as tourism and tea sector troubles continues
Post by: RV Pundit on September 16, 2014, 08:15:14 AM

http://www.businessdailyafrica.com/Shilling-touches-3-year-low-to-the-dollar/-/539552/2453794/-/a4hjiv/-/index.html

Title: Re: Shilling getting the hit as tourism and tea sector troubles continues
Post by: Mintos on September 16, 2014, 11:05:57 AM

by the end of the year or by Feb next year the shilling will be at 95 to the dollar

Title: Re: Shilling getting the hit as tourism and tea sector troubles continues
Post by: RV Pundit on September 16, 2014, 12:40:53 PM

Way before that. Fundamentals are screwed. Tourism is basically kaput. Tea sector is going kaput.Even miraa is kaput. That leaves forex from diaspora, horticulture, AID and the very little stuff we export

Quote from: Mintos on September 16, 2014, 11:05:57 AM

by the end of the year or by Feb next year the shilling will be at 95 to the dollar

Title: Re: Shilling getting the hit as tourism and tea sector troubles continues
Post by: Georgesoros on September 16, 2014, 05:48:55 PM

How about calling China, and asking for a little break!!
eh..eh...
Just place "the call". Diasporans there will send a little bit more to calm the situation.