Author Topic: Shilling getting the hit as tourism and tea sector troubles continues  (Read 2830 times)

Offline RV Pundit

  • Moderator
  • Enigma
  • *
  • Posts: 38448
  • Reputation: 1074446
http://www.businessdailyafrica.com/Shilling-touches-3-year-low-to-the-dollar/-/539552/2453794/-/a4hjiv/-/index.html

Offline Mintos

  • VIP
  • Superstar
  • *
  • Posts: 106
  • Reputation: 1018
Re: Shilling getting the hit as tourism and tea sector troubles continues
« Reply #1 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

Offline RV Pundit

  • Moderator
  • Enigma
  • *
  • Posts: 38448
  • Reputation: 1074446
Re: Shilling getting the hit as tourism and tea sector troubles continues
« Reply #2 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
by the end of the year or by Feb next year the shilling will be at 95 to the dollar

Offline Georgesoros

  • Moderator
  • Enigma
  • *
  • Posts: 4679
  • Reputation: 7043
Re: Shilling getting the hit as tourism and tea sector troubles continues
« Reply #3 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.