Jabassinomics and the $ rate

Siku hizi anyone in the importing biziness anakaskia vizuri, vizuuuuuri yani people learnt to hedge who cared not about the dollar rate wakati ya Uhuru, na watu hawanunui kama zamani kila pahali ni kilio, and you wonder why ABSA or StanChart dumped their gavament paper holdings at a loss, ni wapi uliskia benk willing to take a loss hivyo tu?. Do you think gavament will be able to pay at their debts at the rate the Kes is falling?

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Tamu sana. Tombweni hadi mtii.

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Hadi Kanyari alichoka na hii thirikali ya waizi

https://x.com/EZRAwaCHELSKI/status/1749388664809910350?s=20

And the USD going up in a very phenomenal way

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Kwani what is happening I thought the imf and world bank loans were supposed to stabilize things

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1ksh =21 Ugsh , its getting messy! Tsh at 14

Looks like in 5 years we will be squaring with burundi at the bottom in EAC