"If you compare the timetable, you can see that the inflation in Tunisia suddenly increased after the Fed hikes," Gasmi said, referring to the U.S. Fed's moves of raising the dollar's interest rate. "It also forced the central bank of Tunisia to raise the interest rate. The last su...
The shortage of dollars is triggering the emergence of parallel exchange rate that has seen lenders buying and selling well above the printed official rate, the manufacturers' lobby has warned. The Kenya Association of Manufacturers (KAM) said on Monday its members, the biggest importers of goods,...
said-digeil— Kenya shilling is buying at 135 and selling at over 136 in the parallel market, thereby rubbishing your entire predictions for 2023 Term Box: Best USD/CNY forecast, USD to CNY exchange rate prediction, USD/CNY FX forecast, USD to CNY finance tips, USD/CNY Forex prediction...
The Central Bank of Kenya(CBK) today quoted the Kenya Shilling at a mean rate of 107.8797 against the US dollar, buying at KSh 107.7800 and selling at KSh 107.9794 against the greenback. These rates, released daily by the CBK, are merely indicative and meant to help those exchanging currenci...
said-digeil— Kenya shilling is buying at 135 and selling at over 136 in the parallel market, thereby rubbishing your entire predictions for 2023 Term Box: Best USD/BGN forecast, USD to BGN exchange rate prediction, USD/BGN FX forecast, USD to BGN finance tips, USD/BGN Forex prediction...
The issue is about the wide spread between the prevailing bank rates and the Central Bank of Kenya’s (CBK) official rate.
” Claims were made that Fluent has been piloting this program in Kenya, but Fluent’s website makes no mention of any such program and no information about any such pilot is available online at the time this article was published. This suggests that Fluent’s pilot in Kenya is operat...
he simply sold every pixel for $2, instead of 1. As you might imagine though, this was less successful than the first, and didn’t generate enough sales to actually give away the full cash prize. However, K. Moguche from Kenya, did scoop $153,000, telling us that Alex sold, well ...
Buying a cup of coffee with a dollar bill represents the use of money as a ___. a. medium of exchange b. unit of account c. store of value d. All of the answers are correct Money Market: The term money market is a kind of market where the trading of short-ter...
Marc Faber, the renowned international investor, has stated that the low-interest-rate policies of the Federal Reserve Bank “created the mess” and that Bernanke’s current policies will “destroy the US dollar.” Sad to say, most Americans continue to swallow the lies being told them by the...