ZM Index
Kwacha faces pressure against dollar in last trading day of 2024, as base metal trading sees mixed fortunes
With the year drawing to a close, market activity within the Zambian economy is expected to remain relatively subdued. In the short term, ...
ZM Index
Zambian Kwacha strengthens amid corporate dollar sales
The Zambian Kwacha appreciated significantly against the United States dollar during Wednesday’s trading session, buoyed by corporate entities offloading substantial amounts of the ...
ZM Index
Kwacha expected to experience mixed trading, driven largely by demand, supply dynamics
In the near term, the Kwacha is expected to trade within a narrow range, with fluctuations largely driven by the supply and demand ...
ZM Index
Kwacha gains ground amid rising inflation, copper prices
The Zambian Kwacha is projected to maintain a steady trading range as supply, demand, and market sentiment shape its position against major currencies. ...
ZM Index
Kwacha’s decline continues on the back of rising dollar demand, low foreign exchange inflows
The Zambian Kwacha’s losing streak extended into Monday’s trading session, as foreign exchange inflows remained insufficient to meet rising dollar demand. At 8:30 ...
ZM Index
Kwacha holds steady against dollar at K27.6 amid balanced demand, supply
Tuesday’s trading session saw Zambia’s currency, the kwacha, maintain stability against the United States (US) dollar, driven by a balanced supply and demand ...
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 ...
