Hahaha that is just temporary and it will go up again because they just borrowed the dollar to pay Eurobond of which that's even more risk move! Let's all be honest
The panic exchange will also increase the strength of a kenya shilling against dollar. People in diaspora who were waiting for the rate to shoot more will be forced to exchange now before the dollar loses more. This will also increase the demand for ksh against US dollar. Holding a dollar any longer might result into serious losses.
Dollar will gain eventually. Now is the best time to buy more dollars. In 2008 the dollar was at 73kes. Telling us that the kes will gain is bs. Maybe short term but long term usd is the way to go.
@@techarch8851 you need to understand basic demand supply principles only. What caused the changes and what is the possible outcome. 1. People were holding dollars speculating the rate would rise when Euro bond mature. 2. Election period was scaring international investors from investing in kenya. 3. International portfolio Summitt held in kenya was of great boost to increased amount of dollars in kenya. 4. Kenya immigrant workers are increasing more than before.
My earlier projections were quite accurate, once the dust has settled on the current government intervention the rates will correct themselves and the dollar will maintain an upward trajectory why? It's because the fundermentals that informed the upward trajectory remains the same and the current intervention is cosmetic and temporary. David Ndii a seasoned economist has celebrated very early, in one months Time the the dollar will start correcting itself for as long as robust policies are not put in place and for as long as fundermentals remain the same. My advice is those holding dollars in the short time should immediately relinquish them and immediately the dollar start correcting itself the moment it gains 3 to 5 points then buy the dollar again at this point prepare for a windfall as the government will need another 2 billion dollars progressively from time to time to sustain the gains which is not sustainable The dollar will correct itself like a stretched rubber band back to the original position.
I think is due the 9days new year holiday in China cause they is no trade for imports and exports 🧐 think after 9 days it will start to rise even further hizi zingine ni strategy ya government kufunya tuuze dollar
@@tinobeatz5631 EDUCATE YOURSELF😂😂😂.. counter my argument and avoid diverting the topic. Exchange rate ya ksh haiwezi kuwa affected na any Chinese holiday. It's hilarious unakuja kusupport such an argument na kifua😂😂
@@wallacemunywa2507 living in denial the truth hurts wait the looting is finish the Dollar will go up you forget IMF was brought to make Africa poor so thinking that ksh will remain strong for against the Dollar do your maths well no white do Business without interest na wacha matusi infact before you start calling people name wait because so long us kenya is paying debt in Dollar the Dollar will go up again in uhuru time Dollar was 120 again ksh its 152 now so it will not change much as you people want to believe
No this guy is working good and average let us support him in full force and also let us pray for Baba to become our African Union chairmanship because for Kenya president he can't make it but we shall miss him so much.
Kenyans should not rejoice because of this temporary stay of disaster but should instead pay attention to statements from the IMF. Last month, that body said that their recent agreement with Ruto will cause nation-wide social unrest. Ngojeni mtaona mambo.
hizi ni story za jaba our economy is in shambles. Even the 168 to the dollar before was not the true value. It will sink back again, it's not sustainable, we are deep in debt.
Tell them to hold on Dollar because Ruto worshipers have start praising him idont know for what exactly? will the Dollar go back to 120 like uhuru time answer is no and by the time it start low season in kenya the Dollar will rise again infact the Difference is not big idont know why some kenyans are celebrating too early for that this onily the trick to make people holding Dollar to give it because they was a time kenya banks had problem getting Dollar
The true value is something like 1:250 or more. Too much intervention and propping up. It is not a truly floating currency. Playing with the exchange rate is bad economics, playing with fire. Case in hand, Venezuela and Zimbabwe. Let the currency float and find its own true value based on economic output, not a fixed controlled rate.
😂😂😂😂 stop making me laugh if we look in market markers liquidity metholagy the maximum ratio should be 1:646 it comes from total money in kenya is around ksh 4.2 trillion divided it by usd 6.2 bn as average forex reserve . It all depends on speed of shillings is coming in the economy base on loans created and how much is getting out when loans is being cleared. Vs the dollar reserves that is coming in and out.
@@hai.zzzzzz that is based on total bank deposits divided by dollar reserves. The theory is if all Kenya's deside to buy all available dollars in the market what should be the maximum price offer?
@@paulnyagini... Your economy lecturer must have been having the lowest IQ ever! There is nothing like imaginary... It is either natural or artificial
@@paulnyagini but it's a good idea.what makes it difficult to have one currency in Africa and we are all Africans.lets not allow to be divided by wazungu.we brothers and sisters
@@tomochieng280 if we issue one currency in Africa there is going to be a political war fairs .a country that has high inflation will be the richest one.the level of corruption that Africa nations have they will probably be borrowing massive amounts from the central bank it will not be long before it crush. Assuming that Africa is perfect and corruption doesn't exist there is no way the Western nations will allow Africa to have its own currency proberbly it will led to world war 3 .
@@tomochieng280wazungu idiot never divided you guy, u guys are already divided as of what i saw living 10 years in africa. Jealousy and tribalism and religion. Infact you should praise wazungus foe all the things they do to humanity
....this is cosmetic,it may not have any impact,considering political goodwill, the myriad of taxes that are burdening the citizens and investors confidence. Let us keep waiting and see how far this lie may last.....
Going to Heaven is easy! First, you must realize that you have sinned against God and need to be forgiven and saved from hell if you haven’t been already. To be saved from hell and forgiven of all sin, believe that the Son of God, Jesus Christ, died on the cross for your sins, was buried, and rose again (1 Cor 15:1-4). When you believe that Christ’s atoning work paid for all your sins and when you make Jesus your only hope of going to Heaven, you are forgiven of all sin by God and forever saved from hell; once you are forgiven, you are always forgiven. Warning: None of our good deeds can get us into Heaven. If we trust in our own works to get us to Heaven instead of Christ’s atonement, we will not be allowed in. The Bible says “Not by works of righteousness which we have done, but according to his mercy he saved us, by the washing of regeneration, and renewing of the Holy Ghost” (Titus 3:5). In conclusion, just believe that all your sins are paid for by Jesus’ atoning work and make Christ your only hope of going to Heaven apart from your good deeds. Jesus says “Verily, verily, I say unto you, He that believeth on me hath everlasting life.” John 6:47
Read Matthew chapter 7:13-14 KJV Enter ye in at the strait gate: for wide is the gate, and broad is the way, that leadeth to destruction, and many there be which go in thereat: because strait is the gate, and narrow is the way, which leadeth unto life, and few there be that find it.
You must repent of your sins and live a holy, righteous and pure life. This is walking in the spirit so that you don't fulfil the lusts of the flesh, the list of the eyes and the pride of life
God have mercy to your people near end time people will love money and love themselves more than God 😢😢😢 and this is what is going on brethren open your eyes and minds
Near end times they will have ears but they can't hear they will have eyes but they can't see oooh God where are you now come down to your people the devil is rotting your people you died for on the cross 😢😢😢😢😢😢😢😢
When Uhuru hold Dollers Zakayo you Messed and blame him, now your playing games again, I have never seen an exchange rate gose down from 163 to 153 in my life, it's only zakayo time 🙄
Zakayo has nothing to do with the drop of the dollar.its the euro bond. Instade of complaining buy dollars now hold it since it will still rise technically the market is selling but we are in a bullish trend.
Kenyans government is doing great job unlike tanzanese government where I dollar is = 2544Tshillings , Ruto we are inviting u to become a tanzanese president you can rescue us from the tragid situations
1.5 billion USD , received as eurobond proceeds, shilling start gaining from 160 to 155.....the bond is to be used in june as per the gov........sell the dollar at higher rate then buy it a lower rate...by june 1.5billion usd might exchange for less that 140 ksh in june.
God bless kenya
This is not permanent,
This is temporary. Eurobond is a debt
Not just the US dollar but against all global currencies
Politics aside... this is a temporary measure, at the end of the day the Economics dynamic prevail!
True
MY ADVICE....
BUY MORE DOLLARS.....
THANK ME LATER 🙏🏾
Hahaha that is just temporary and it will go up again because they just borrowed the dollar to pay Eurobond of which that's even more risk move! Let's all be honest
Nah, its better to hold your dollars than kes , USD will always be superior to Kenya shillings at any given time
Am considering to buy more usd
The panic exchange will also increase the strength of a kenya shilling against dollar. People in diaspora who were waiting for the rate to shoot more will be forced to exchange now before the dollar loses more. This will also increase the demand for ksh against US dollar. Holding a dollar any longer might result into serious losses.
lol temporary solutions are just that, temporary.... the USD will shoot back up, unless the gvt finds permanent or long term solutions
Dollar will gain eventually. Now is the best time to buy more dollars. In 2008 the dollar was at 73kes. Telling us that the kes will gain is bs. Maybe short term but long term usd is the way to go.
This is not what holds the value of a currency. It is in big problems because of constant propping and intervention. Bad economics.
@@techarch8851 you need to understand basic demand supply principles only. What caused the changes and what is the possible outcome.
1. People were holding dollars speculating the rate would rise when Euro bond mature.
2. Election period was scaring international investors from investing in kenya.
3. International portfolio Summitt held in kenya was of great boost to increased amount of dollars in kenya.
4. Kenya immigrant workers are increasing more than before.
@@techarch8851 hehe.... go try to buy.
My earlier projections were quite accurate, once the dust has settled on the current government intervention the rates will correct themselves and the dollar will maintain an upward trajectory why? It's because the fundermentals that informed the upward trajectory remains the same and the current intervention is cosmetic and temporary.
David Ndii a seasoned economist has celebrated very early, in one months Time the the dollar will start correcting itself for as long as robust policies are not put in place and for as long as fundermentals remain the same.
My advice is those holding dollars in the short time should immediately relinquish them and immediately the dollar start correcting itself the moment it gains 3 to 5 points then buy the dollar again at this point prepare for a windfall as the government will need another 2 billion dollars progressively from time to time to sustain the gains which is not sustainable
The dollar will correct itself like a stretched rubber band back to the original position.
Exactly but something UDA people doesnt want to hear they they start abusing people
So you mean the shilling is being held by loans?
I think is due the 9days new year holiday in China cause they is no trade for imports and exports 🧐 think after 9 days it will start to rise even further hizi zingine ni strategy ya government kufunya tuuze dollar
Economist wa jaba... Kenya pekee ndio wanatrade na China kwani? sababu currencies za many countries zinalose despite the shilling gaining
Another village economist
You are just copy pasting things your reading on Twitter
I don't believe in overnight fortunes, let's give it about 90 days.
@@tinobeatz5631 EDUCATE YOURSELF😂😂😂.. counter my argument and avoid diverting the topic. Exchange rate ya ksh haiwezi kuwa affected na any Chinese holiday. It's hilarious unakuja kusupport such an argument na kifua😂😂
Keeping good Mr President Ruto
Dont celebrate early wait until May
@@catherineikovwa3401Suddenly, assmio sycophants has turned to be dollar expert
@@wallacemunywa2507 living in denial the truth hurts wait the looting is finish the Dollar will go up you forget IMF was brought to make Africa poor so thinking that ksh will remain strong for against the Dollar do your maths well no white do Business without interest na wacha matusi infact before you start calling people name wait because so long us kenya is paying debt in Dollar the Dollar will go up again in uhuru time Dollar was 120 again ksh its 152 now so it will not change much as you people want to believe
No this guy is working good and average let us support him in full force and also let us pray for Baba to become our African Union chairmanship because for Kenya president he can't make it but we shall miss him so much.
@wallacemunywa2507 you have woken, kindly return to the drinking den, your views are highly appreciated there
Kenyans should not rejoice because of this temporary stay of disaster but should instead pay attention to statements from the IMF. Last month, that body said that their recent agreement with Ruto will cause nation-wide social unrest. Ngojeni mtaona mambo.
hizi ni story za jaba our economy is in shambles. Even the 168 to the dollar before was not the true value. It will sink back again, it's not sustainable, we are deep in debt.
😂😂😂the government of kenya playing dirty games..we know you 165 down to 150 in less than a week,no no..
Yesterday within two 2hrs my 1000dr lost the value of the amount of 5000ksh
Just hold the dollar
Tell them to hold on Dollar because Ruto worshipers have start praising him idont know for what exactly? will the Dollar go back to 120 like uhuru time answer is no and by the time it start low season in kenya the Dollar will rise again infact the Difference is not big idont know why some kenyans are celebrating too early for that this onily the trick to make people holding Dollar to give it because they was a time kenya banks had problem getting Dollar
HODL
The true value is something like 1:250 or more. Too much intervention and propping up. It is not a truly floating currency. Playing with the exchange rate is bad economics, playing with fire. Case in hand, Venezuela and Zimbabwe. Let the currency float and find its own true value based on economic output, not a fixed controlled rate.
imbecile
😂😂😂😂 stop making me laugh if we look in market markers liquidity metholagy the maximum ratio should be 1:646 it comes from total money in kenya is around ksh 4.2 trillion divided it by usd 6.2 bn as average forex reserve . It all depends on speed of shillings is coming in the economy base on loans created and how much is getting out when loans is being cleared. Vs the dollar reserves that is coming in and out.
@@paulnyaginiwat do u mean? 1 $ should b 600 shillings ?
@@hai.zzzzzz that is based on total bank deposits divided by dollar reserves. The theory is if all Kenya's deside to buy all available dollars in the market what should be the maximum price offer?
But for how long?
"wajinga kumbe hawakuisha hii Kenya".....bado wako wengi wengi sana
Is this gain natural or artificial?
😂 is imaginary gain.
@@paulnyagini... Your economy lecturer must have been having the lowest IQ ever! There is nothing like imaginary... It is either natural or artificial
An year ago uhuru akitoka was 100. One year later ashore to 162
It will hit 180 by a July keep your dollars
Wait the Dollar will gain double wait
Ishidwe
Nothing like that,it's going to 110 write this down 🙏🙏🙏
Hopefully the fed will start rate cuts so that the shilling does not get to that point.
Give 10days 😊😊😊 hold ur dollars guys
Dollar is Crashing. Dont argue with the Markets. Hope is not a strategy
REMEMBER EUROBOND SCANDAL? KENYANS FORGET
Onily in kenya where people forget So easly
I still believe in a dollar
This is short term
When's the Eurobond due for repayment? That's when it will bounce back
Moments before chaos😢
Ni uongo Gani hamusemi,mauongo zenyu zinatiririka kama maji.😂
Why bring other people's currency in our trading in Africa.we should use one currency in africa
Is easy said than done. Plus is near impossible for Africa nations to use one currency because of political issues.
@@paulnyagini but it's a good idea.what makes it difficult to have one currency in Africa and we are all Africans.lets not allow to be divided by wazungu.we brothers and sisters
@@tomochieng280 if we issue one currency in Africa there is going to be a political war fairs .a country that has high inflation will be the richest one.the level of corruption that Africa nations have they will probably be borrowing massive amounts from the central bank it will not be long before it crush. Assuming that Africa is perfect and corruption doesn't exist there is no way the Western nations will allow Africa to have its own currency proberbly it will led to world war 3 .
@@tomochieng280wazungu idiot never divided you guy, u guys are already divided as of what i saw living 10 years in africa. Jealousy and tribalism and religion. Infact you should praise wazungus foe all the things they do to humanity
Nothing to celebrate here.,
....this is cosmetic,it may not have any impact,considering political goodwill, the myriad of taxes that are burdening the citizens and investors confidence.
Let us keep waiting and see how far this lie may last.....
Dollars are foreign currency and don’t work or present value of the domestic economy.
Hi guys i needs know on how Kenyan government managed to strengthen its ksh ? ,Which Tanzanese government don't know??
Going to Heaven is easy!
First, you must realize that you have sinned against God and need to be forgiven and saved from hell if you haven’t been already. To be saved from hell and forgiven of all sin, believe that the Son of God, Jesus Christ, died on the cross for your sins, was buried, and rose again (1 Cor 15:1-4). When you believe that Christ’s atoning work paid for all your sins and when you make Jesus your only hope of going to Heaven, you are forgiven of all sin by God and forever saved from hell; once you are forgiven, you are always forgiven. Warning: None of our good deeds can get us into Heaven. If we trust in our own works to get us to Heaven instead of Christ’s atonement, we will not be allowed in. The Bible says “Not by works of righteousness which we have done, but according to his mercy he saved us, by the washing of regeneration, and renewing of the Holy Ghost” (Titus 3:5). In conclusion, just believe that all your sins are paid for by Jesus’ atoning work and make Christ your only hope of going to Heaven apart from your good deeds.
Jesus says “Verily, verily, I say unto you, He that believeth on me hath everlasting life.” John 6:47
Read Matthew chapter 7:13-14 KJV Enter ye in at the strait gate: for wide is the gate, and broad is the way, that leadeth to destruction, and many there be which go in thereat: because strait is the gate, and narrow is the way, which leadeth unto life, and few there be that find it.
You must repent of your sins and live a holy, righteous and pure life. This is walking in the spirit so that you don't fulfil the lusts of the flesh, the list of the eyes and the pride of life
Wat is sin? i love hell anyway.
God have mercy to your people near end time people will love money and love themselves more than God 😢😢😢 and this is what is going on brethren open your eyes and minds
Near end times they will have ears but they can't hear they will have eyes but they can't see oooh God where are you now come down to your people the devil is rotting your people you died for on the cross 😢😢😢😢😢😢😢😢
Euro was 170 now pungulu to 150
Sounds like they just want your dollars and want the Kenya citizens to hold a dropping ksh 😂
When Uhuru hold Dollers Zakayo you Messed and blame him, now your playing games again, I have never seen an exchange rate gose down from 163 to 153 in my life, it's only zakayo time 🙄
Zakayo has nothing to do with the drop of the dollar.its the euro bond. Instade of complaining buy dollars now hold it since it will still rise technically the market is selling but we are in a bullish trend.
kindly explain my brother i am lost@@PID2023.
My all time question kwani ruto amekaa kwa kiti 20yrs coz everything is ruto ruto😂😂😂😂wewe umefanya nini since aingie kwa kiti🙆♀️
@@sue15 Njoo nikuonyeshe
😂😂😂 just you wait
This is clearly temporary, because Eurobond is just about to be paid back.Madeni tu ndio za Kenya
It's time to buy more dollars since it will rise if you are a forex trader trading the markets you will understand
It's on a pull back is going to rise again
Eeeeh quick fast for fx traders
Kenyans government is doing great job unlike tanzanese government where I dollar is = 2544Tshillings , Ruto we are inviting u to become a tanzanese president you can rescue us from the tragid situations
Eurobond and madeni are a temporary measure.
😂😂😂
ARTIFICIAL GAIN , thanks to cattle rustlers 🐂🐃🐂🐃 economists😂😂😂🎉🎉
Ok,ikishuka 1fikie 50 narudi home
Mkuje kwa wingi twa wangoja home usi waache nyuma wezio 😅😅😅
Plain stupid, what did Kenya sell? Lies or top up loans. The Dollar is always constant...maybe 200 by December..
1.5 billion USD , received as eurobond proceeds, shilling start gaining from 160 to 155.....the bond is to be used in june as per the gov........sell the dollar at higher rate then buy it a lower rate...by june 1.5billion usd might exchange for less that 140 ksh in june.
Kazi inafanyia
Bond ?????
😂 risto za jaba
Falling so fast 😂
Hope it's not a scary trick
This must pe paining you but have to report it anyway.
😂😂😂😂 bro you read my mind...it's the last thing they would wish to report 😂
WALLSTREET 😂😂
😂😂😂😂😂😂