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Qaagi - Book of Why

Causes

Effects

market misunderstanding of the central bank(passive) was caused bysome of the Kenyan shilling

therefore , this is reallycausedthe high depreciation of the Kenya Shilling

to continue along its ongoing depreciatory trend over the coming quarters , driven by higher inflation and concerns over the government 's growing debt burden amongst(passive) setThe Kenyan shilling looks

Kenya than in Ugandawill leadto a depreciation of the Kenya shilling relative

The bombscausedthe Kenyan shilling

The shops , he said , were also receiving deposits from some businesspeople , contrary to what is required of them under their business licencesthereby contributingto the depreciation of the Tanzanian shilling

stern action against any commercial banks found to have engaged in practiceshave ledto the depreciation of the Kenyan shilling

The factorcausedthe depreciation of the shilling

Higher food prices at the start of the year , andpromptedthe depreciation of the shilling

president Museveni- Mbabazicausingshilling depreciation

to 40 % drop in volumes at Dar bourse – MONEY IN AFRICA Tanzanialeadsto 40 % drop in volumes at Dar bourse – MONEY IN AFRICA Tanzania

in aggregate unrealized foreign exchange losses of KSh16 million ( US$ 155,869resultingin aggregate unrealized foreign exchange losses of KSh16 million ( US$ 155,869

to a rise in bank interest rates and a resulting increase in the cost of credit and loanscontributedto a rise in bank interest rates and a resulting increase in the cost of credit and loans

to a rise in the bank interest rate and a resulting increase in the cost of credit and loanscontributedto a rise in the bank interest rate and a resulting increase in the cost of credit and loans

to the increased pricescontributedto the increased prices

in imports , especially those which are priced in US dollarshas resultedin imports , especially those which are priced in US dollars

people to hold airtime minutes rather than shillingscausingpeople to hold airtime minutes rather than shillings

, or started mainly from the debt crisis in Europe , particularly , in Greece , Italy and Portugalresulted, or started mainly from the debt crisis in Europe , particularly , in Greece , Italy and Portugal

inflation risks(passive) caused byinflation risks

One Bulgarian lev(passive) is composedOne Bulgarian lev

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