World’s Best Currency Helps Slow Kenya’s Inflation to 2-Year Low
World’s Best Currency Helps Slow Kenya’s Inflation to 2-Year Low
Bloomberg News’ Ondiro Oganga reports on Kenya’s Shilling appreciating 19% this year and inflation marking a 2-year low. She speaks with Vonnie Quinn on Bloomberg Daybreak: Middle East & Africa.
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Propaganda- the shilling is still weak, and weaker than before Ruto took office
Good to see Ondiro is reporting live from Kigali, Rwanda & not Nairobi, Kenya🤣!
the KES has definitely gained against the USD in the las 2 to 3 months, thereby easing inflation but we all know what the Kenyan government (CBK) has done and it's not sustainable in the long run. I recon the KES/USD rate will go back to the 160/165 by June this year.
What a spin! The dollar must go. That's the international resolve.
Jaba 😂😂😂
FAKE GAIN COZ OF EUROBOND
High food prices and people have no money let no one lie to you guys high taxation is the norm here to build houses that people don't want.
Give it Time.
I saw this lady (Ondiro) bashing Gov't steps taken to improve Kenya's economy a few weeks ago! Amazing!😇
Clearly propaganda. She ahss not mentioned this exchange rate at the time the current government took office and that the exchange rate had been stable for several years before that.
I short if you looked at the 5 year trend what do you see. Before commenting, have a look at this time series chart.
Which Kenya are you talking about,the east African one,cause l live in Kenya east Africa,and wat l hear you say ,not this Kenya l live in,l think you got the country wrong
Which Kenya are you guys talking about?
The price of sugar goes down to 30%. Inflation has eased . Thanks to our government's robust policies.
hizo vidole kwa avatar?
Chekeni mkipita..
Majirani haya ni matumizi mabaya ya lugha za Kigeni 😂😂😂 kweli majirani mmeweza kupambana na mfumuko wa bei? Nasikiliza huku nacheka kwa sauti , hizi taarifa waambieni Wazungu tu mana sisi majirani tunajuana vizuri Tena saaana , labda Nairobi pekee mana wakazi wenu waliopaka na sisi karb wote huvuka kununua biadhaa upande mwingine wanasema vitu havishikiki huko
Magic by Kenyans!
transport is at its highets,this kenyan presenter is geekin
Wow .. im happy for Ondiro Oganga
All she's saying is not true
Hii propaganda jirani wewe bado una. Njaa bana😂😂
Its true food prices have gone down, relatively. Sugar for instance has reduced in price by over 25 per cent in the last 6 months or so
Prices are definitely stabilizing but we have bigger issues than the price of tomatoes or Ugali.
Our president has beaten the dollar …
Which Kenya are they talking about😂😂😂 not the one am living in
Kenyans don’t celebrate because this appreciation is due to Wall Street, they are fooling you, every time an African currency has appreciated it is followed by massive declines, happened to Ghana, happened to Zambia in the last 3 years. Our currencies in Africa should doing better than the US because we are not printing free money like them, and we are not in debt like them and we have more in our ground than them
Stop propaganda… 9 months ago dollar was 1dollar to sh.120…
Hehehe… If she was a mzungu from urop guys wouldn't have a problem with her opinion about kenya economy 😅 reverse racism is real!
Something very secretive is happening in kenya. Time will tell.
I think its the scale of privatisation thats about to happen. Power generation has been liberalised and I think everything is up for sale.
Blackrock and others are here swarming over the carcass that is the kenyan economy and our dreams.
Am Kenyan and unfortunately you're spreading propaganda
Why invite some unknown figure from little kigali than invite many economists from the much grandeur from Kenyas capital Nairobi?😂😂
Bloomberg is a BIG JOKE!
Definitely propaganda video😂
Textbook theories
not good for everyone
As a Kenyan, yes prices of produces have started going down and as a person who was holding USDT. It's not fun anymore. Shilling is strong.
Why ask a Rwandan about Kenyan affairs. What do they know? Kenya's a heavy importer of petroleum and machinery. We export food items not import them. Next time ask a mother about her child not the neighbor.
As I Kenyan, I can say this is just propaganda, the food prices are still high and so are transport prices
Glory be to Ruto
These are lies. The situation in Kenya is people are suffering and the cost of everything is still up there
I dont trust this jaluo woman….i have watched her other videos ..odinga 😂voices
As a kenyan, this is a lie, it's still higher than it was, it hasn't appreciated enough, two years ago it was trading at 115 and now it's on Bloomberg for trading at 135 😂, IMF and world bank control kenyan economy, Bloomberg is a western propaganda tool, it's all lies, prices of commodities are still higher than they were two years ago, the prices go up by 70% then falls by 19% and y'all praise that? The dollar needs to be dropped as world reserve currency, it's wraponized against non western countries, and I don't understand why the west can't just leave Africa alone. What's Bloomberg's interest on kenyan economy?
Nobody appears to understand the magic happening behind the scenes. Anyway, let's hope the shilling continues improving.