Markets
Kwacha strengthens against dollar despite third consecutive weekly loss
The Zambian Kwacha strengthened against the United States dollar on Friday but still ended the week with its third consecutive weekly loss as demand for foreign currency continued to outstrip supply. Bloomberg report showed the local currency appreciated by 0.27 percent to close just below K19.14 per US dollar after…
Zambia MonitorBy Bumba Mulenga
Share
Read the full story
Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Zambia Monitor.
Read at Zambia Monitor →Original headline: “Kwacha strengthens against dollar despite third consecutive weekly loss”
- Economy
- ZM Index