USD Selling at Shs. 143?

News & Politics
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Jana nilinunua na 130

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Where?

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Airport terminals have the WORST rates worldwide.

Always buy dollars in the city before departure, and sell in the city you are arriving.

I always sell few dollars at the foreign airports for SIM card/ taxis only and the rest in city bureaus where there are better deals.

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That is correct… But i do not expect it to cost less than 135 elsewhere too…

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Eastleigh

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Last week, I asked the bank manager if I should liquidate my dollar holdings and put the cash in GoK bonds.

Akaniambia ningoje tu. The shilling is still falling and I am gaining every day by doing nothing.

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Una gain, sawa, but, but… Hiyo difference itakusaidia aje usipo withdraw SAA hii wakati dollar itashuka?

Tuseme for example uko na USD 5000 na ulibuy dollar ikiwa 115, the value of your USD account then was Kshs. 575,000. Currently, it would be standing at Ksh. 650,000 tukicheza na rate ya 130. Dollar ikishuka utapoteza. My two cents, withdraw USD equivalent to the difference, (75,000) ubakishe hizo zingine hapo hapo. Ikipanda zaidi, repeat.

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Amefanya.

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