ZM Index
Country currency, Kwacha, to face renewed pressure as market anticipates limited supplies
The foreign exchange market experienced significant volatility on Thursday following the US Federal Reserve’s announcement of a 50 basis point rate cut. Investors ...
ZM Index
Kwacha strengthens as increased supply meets foreign exchange demand
Thursday’s market session saw a bullish performance by the Zambian Kwacha against the United States (US) dollar, driven by increased supply-side inflows that ...
ZM Index
Kwacha maintains stability against dollar, minor losses anticipated
The Zambian Kwacha maintained a tight range in Thursday’s trading session as demand and supply for the United States dollar remained nearly balanced. ...
ZM Index
Kwacha stablises against US dollar after volatile trading session
On Monday, the Zambian Kwacha stabilised against the United States dollar following a period of fluctuations. The local currency saw some reprieve as ...
ZM Index
Kwacha expected to gain stability even as currency trades at a loss against US dollar
The Zambian Kwacha is anticipated to gain stability and potentially post short-term gains as United States dollar inflows increase. On Thursday, the Kwacha ...
ZM Index
$8.5 million support for forex market does little to prop Kwacha, as currency struggles against US dollar
The Zambian Kwacha weakened further against the United States (US) dollar in Wednesday’s trading session. This was despite the efforts by the Bank ...
ZM Index
Zambian currency, Kwacha, trades steady against the dollar
The Zambian Kwacha in the short term is expected to trade rangebound as supply and demand determine the currency’s ultimate position against the ...
ZM Index
Kwacha makes aggressive comeback, projected to post gains in the short run
The Zambian Kwacha is projected to post gains in the short run as it aggressively pulled back its losses during the Friday trading ...
ZM Index
Zambian Kwacha struggles against dollar, amidst supply shortages, to trade above K27
The Zambian Kwacha has continued to face challenges against the United States (US) dollar. Absa Bank Zambia predicted further depreciation in the short ...
Editor's Pick
Markets anticipate Kwacha to drop further in value
The Zambian Kwacha is anticipated to drop further in value in the near term after it traded on the backfoot of the United ...
