Govt urged to employ strategies to stabilize kwacha
• Unstable Exchange rate is negatively impacting businesses across all sectors of the Economy.• It is affecting business environment at both macro and micro levels.•
Tag : us dollar
Economist attributes Kwacha depreciation to normal macro-economic indicators
• IMF Staff Level Agreement created international perspective that the country was good for investment.• The depreciation is coming from normal macro-economic indicators.• A lot
$18.5 million USAID funding to increase dollar supply
• The aid from USAID is going to add value to the economy.• It is going to increase the supply of dollars on the market.•
BOZ revise over-the-counter Forex Transactions
• Daily limit for over the counter cash transactions for customers from the current 1,000.00 U.S Dollars to 5,000.00 U.S Dollar. • Sell or buy
Kwacha slid further against US Dollar
• Kwacha slid further against the dollar on Monday due to the continued increase in dollar appetite. • As at 08:30 hours on Monday commercial
Kwacha appreciates by 5.4 percent against US Dollar
A Financial Expert says the Kwacha has this week appreciated by 5.4 percent against the Dollar. Speaking in an interview with Money FM News, Shabdin
Kwacha depreciates against the Dollar by 0.63%
During the trading day of 22 July 2020, the ZMW Depreciated against the USD by 0.63% from the previous trading day closing at 18.23. As
South Africa’s Rand Weakens as Trump Tweets About Land Debate
South Africa’s rand slumped against the dollar after a tweet by U.S. President Donald Trump on the country’s land debate fueled speculation of possible sanctions