Quantcast
Viewing all articles
Browse latest Browse all 17688

Zambian Kwacha Tumbles

Image may be NSFW.
Clik here to view.
kwacha-zambia-reports
The kwacha has fallen to an all time low following pressure from an increased dollar demand.

In the last two days the kwacha has been in free fall trading at around 6.55 to a dollar and showing no signs of holding down.

Market experts reckon that the speculative nature of elections and also the fact that oil prices on the international market are tumbling may be contributing to the chaos in the international market.

Zambia is set to hold presidential elections on January 20 with the outcome far from certain.

The post Zambian Kwacha Tumbles appeared first on Zambia Reports.


Viewing all articles
Browse latest Browse all 17688

Trending Articles