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 ...
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 ...