ZM Index
Liquidity tightens as Bank of Zambia pauses expansionary open market operations
Liquidity conditions in Zambia’s money market tightened during the week ending October 11, 2024, with balances at commercial banks shrinking by 12.1 percent ...
ZM Index
Despite slight losses, Zambian Kwacha expected to hold steady amid corporate tax conversions
The Zambian Kwacha is expected to remain steady against major convertible currencies in the coming days, supported by increased foreign currency supply from ...
ZM Index
Kwacha drops slightly against US dollar, fears persist over increasing demand by corporates
The Zambian Kwacha experienced a slight drop against the US dollar on Thursday as corporate demand and merchandise importers dominated the market amid ...
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 ...
