Wednesday 5 October 2011

kenyan shilling recovery

As day turn to weeks,Kenyans have been wondering to their currency.Central Bank has been keen on trying to revive the shilling against the dollar but to no avail.
when we were in school(secondary),we were thought that there were several ways in which inflation and control of money supply in an economy,if this are are applied,am sure there will be a some  relieve but what are the consequences of shilling deteriorating?
Every Kenyan should be in position to at least explain this or if not,then ask for explanation from your immediate neighbor

No comments: