Reduced Dollar demand, govt intervention leading to Kwacha appreciation – Economist

By Jane Chanda  Economist Kelvin Chisanga says the recent appreciation of the Kwacha against the US Dollar is a result of a combination of factors. Chisanga cited a decrease in Dollar demand, a 23 percent increase in mining sector output, government intervention through the Bank of Zambia, and the injection of World Bank funds. “The...

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