Categories: Editor's Picks

Performance of the kwacha against foreign currencies to stay stable

A Financial Analyst predicts that the performance of the kwacha against other foreign convertible currencies will relatively remain stable during the course of this week.
Mr. Trevor Hambayi attributes this to last week’s strong performance of the kwacha which he expects to carry on this week as a result of reduced external pressure on the exchange rate market.
The United States dollar is buying at thirteen kwacha three ngwee and selling at thirteen-kwacha twenty-nine ngwee.

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