The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: DinoNavarre who wrote (10801)	3/27/2023 12:55:57 AM
From: elmatador	Read Replies (1) of 13775

Thatnks. Does he mean he will take all our dollars? Or He will get lots of dollars and the exchange rate will change against the ones holding USD? Either way. Poor advice as the market will react. The previous administration, during 2 terms, got deep into foreign debt. So the Central Bank might have commitments maturing this 2023 and the CB it is under pressure. Add to that that Kenya has been importing inflation as fuel and food prices went up (the Ukraine conflict). And note that that Kenya had to import more food due to the drought.

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