Dollar inakaribia 170, pound 206... nabii atawale forever!

https://twitter.com/CapitalFMKenya/status/1750036488715472990
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Problems cannot be solved by a mindset that created them, Ruto was just a bad choice, the guy has been messing up the Kenya shilling since the Y2K 92.

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Si ati inakaribia, hio inakimbilia 180. dollar iko 173 leo

Ata robot ya google inasema we headed to shit…

  • Shillling: The shilling has lost 30% of its value against the dollar in 18 months.
  • Foreign exchange reserves: Forex reserves have fallen to a low of $6.86 billion, equivalent to 3.84 months of import cover.
  • Inflation: Inflation is projected to rise to 8.6% in 2023 and 5.9% in 2024.
  • Cost of living: The high cost of living and reduced cash flow is beginning to have a negative impact on growth.

Our exports should be more attractive.

mtaanza kulipa rent in $$ kama Dar

The first time CBK governor and his compatriot, CS treasury, were appointed, they went on a tirade on how Kenya shillings value was artificial and not a true reflection on the market. Months later, one of the chap wanted out after realizing the blunder.

Ten days ago nilichange na 158, i wish i waited

Wher willl the dollars come from. You understand that the main reason shilling is losing value is because of scarcity of dollars.