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 ...
ZM Index
Kwacha loses ground despite BoZ’s measures, as currency continues to depreciate
The Kwacha has continued to depreciate despite efforts by the Bank of Zambia (BoZ) to put in place measures to sustain its trading ...
Editor's Pick
Bank of Zambia dumps $6.5 million into foreign exchange market to shore up value of Kwacha
The Bank of Zambia (BoZ), once again, offloaded US$6.5 million into the market partially meeting increasing demand for hard currency. A week ago, ...
ZM Index
Kwacha faces pressure against US dollar, minor losses anticipated
The Kwacha on Friday came under pressure due to the persistent increase in demand for hard currency and low inflow of dollars. The ...
ZM Index
Fears of Kwacha trading at a loss mounts, as scarcity of United States dollar persists
The exchange rate market witnessed a persistent trend of United States dollar scarcity along with a rise in demand for hard currency on ...
Editor's Pick
Inflation rate rises 13.5%, as Zambia records K1.9 billion trade surplus (See other important stats)
Zambia’s annual inflation rate has surged to 13.5 percent in February 2024 due to price movements of selected food and non-food items. This ...
ZM Index
Kwacha loses marginally, as demand for dollar gradually increases
The market on Tuesday saw a decrease in United States dollar traded volumes totalling US$1 million for the day as demand for the ...
ZM Index
Kwacha maintains steady climb, closes at K23.2243 per United States dollar
The Kwacha has continued to register some gains following interventions from the Central Bank, as it appreciated to trade at K23.2243 to the ...
