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Tag archive for ‘Dollar’
By Sahra Farah On Monday, June 11th, 2012

Kenya Shilling Weakens for a Second Day as Dollar Demand Rises

NAIROBI — Kenya’s shilling weakened for a second day as businesses bought dollars in anticipation of a further depreciation in the currency of East Africa’s biggest economy. The shilling declined 0.7 percent More...

By Qalinle Hussein On Saturday, November 6th, 2010

Aussie flies above parity, NZ$ near 31-month highs

SYDNEY/WELLINGTON, (Somalilandpress) — The Australian dollar raced to new 28-year peaks on Friday and the New Zealand dollar held close to 31-month highs as investors used the U.S. currency to fund positions More...

By Qalinle Hussein On Sunday, December 6th, 2009

Somalia’s new order: filthy rich pirates

MOGADISHU, 5 December 2009 (Somalilandpress) — A parcel of land here that sold for $US12,000 ($A12,900) two years ago now costs more than $US20,000 ($A21,500). The price of a nice pair of men’s shoes More...