(Bloomberg) -- Wednesday’s Bank of Zambia interest-rate increase has barely slowed the kwacha’s slide, with the currency sinking to a fresh record low against the dollar. The kwacha extended its ...
The kwacha started recovering on Tuesday, with traders citing intervention by the central bank. The kwacha gained again on Wednesday, touching 11.8800 per dollar at 0722 GMT but retreated to 12.2200 ...
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