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Zambia’s currency poised to strengthen

Posted on 11 June 2014

Zambia’s local currency, the Kwacha, is expected to strengthen further this week after the Central Bank intervened to save the currency which had depreciated significantly against major currencies, the Zambia Daily Mail reported on Tuesday.
The Zambian currency lost its strengthen to the extent of being labeled among Africa’s worst performing currencies by analysts when it weakened by as much as 2.3 percent during the last week of May………………………………………..Full Article: Source


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