Zambian Kwacha Falls Against the DollarThe short supply and high demand of the U.S. dollar has triggered the Kwacha's free fall.
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 »
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 »
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 »