Zambian Kwacha Falls Against the Dollar

The short supply and high demand of the U.S. dollar has triggered the Kwacha's free fall.

  • Zambia:   Kwacha Struggles to Hold Ground

    Times of Zambia, 29 January 2013

    THE local unit struggled to hold ground against the dollar as it broke through the KR5.300 psychological barrier on Friday, reversing the gains posted in the previous trading… Read more »

American Dollar

  • Zambia:   Kwacha Drops Further

    Times of Zambia, 23 January 2013

    THE Kwacha weakened further against the greenback on Monday, losing 60 Ngwee on the day, having opened inter-bank trading at KR5.270/5.290 on the bid and offer respectively. Read more »

  • Zambia:   Kwacha Trades On Low Note Against Dollar

    Times of Zambia, 22 January 2013

    THE Kwacha traded on the backfoot against the United States (US) dollar at the close of business last week as continued demand for the dollar from inter-bank players saw the local… Read more »

  • Zambia:   Kwacha Continues Falling

    Times of Zambia, 15 January 2013

    THE Kwacha has continued to lose ground against the greenback and is expected to be under pressure as continued dearth in supply will leave the Kwacha with very little support… Read more »

  • Zambia:   Kwacha Loses Two Ngwee Against Dollar

    Times of Zambia, 9 January 2013

    THE Kwacha yesterday, lost two Ngwee as it continued its bearish run against the United States dollar, Zanaco daily newsletter has said. Read more »

  • Zambia:   'Check Kwacha Fall'

    Times of Zambia, 6 April 2012

    THE Zambia Association of Manufacturers (ZAM) has said there is an urgent need for the Bank of Zambia (BoZ) to put measures to check the current depreciation of the Kwacha. Read more »

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