I have 4200 usd should i sell or keep holding.Should I buy more
keep holding. or buy more. do anything except sell usds, unless of course you’re exchanging for other currencies that are just as powerful. it will be a long time before the usd significantly weakens against the kes so you lose nothing by holding.
The best advice is to utilise the high dollar rate by earning more dollars through work or investment, and investing it in other more stable things here in Kenya. US won’t be a super power forever so it’s best to build a little cushion here in your home country.
I think that the Saudi Arabia thing with 254, if successful, dollar may become sub 100 against ksh.
Mi naona uuze… all these banks collapsing can only mean one thing:
money printer go brrrrrrrrrr!… then ziwe dumped somewhere outside the US.
[SIZE=1]P.S. mimi sio financial advisor… hii ni gin inaongea.[/SIZE]
Kalejinga looting schemes always end in disaster for the masses.
Hodl.
Wait, what did I miss?