Bank dollar holdings rise to record Sh966.4 billion
Dollar holdings by Kenyan commercial banks have shot up by 78 percent to hit a record $6.32 billion (Sh966.4 billion).
Source: nation.africa
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Detailed text transcripts for TV channel - FOXNEWS - 20110531:21:46:00
Economic division says such a development stemming from the falling value of foreign dollar holding would imperil the global financial system. "imperil the global financial system." what kind of fear-among gerring system are they peddling at reuters? let me be clear. as president obama said in the past he pulled the economy back from the brink of disaster that he inherited. he passed all the financial regulation to ensure something like this would never ever happen again. why would reuters try to spin it so ugly? do they hate the president because he's black? or that he has a funny name? maybe...
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