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(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 ...
LUSAKA, Oct 2 (Reuters) - Zambia's government was committed to keeping a free floating exchange rate, Finance Minister Alexander Chikwanda said on Friday, after the central bank intervened repeatedly ...
LUSAKA, Feb 15 (Reuters) - Zambia's central bank raised its key interest rate on Wednesday for the first time since November 2021, increasing it by 25 basis points to 9.25% ZMCBIR=ECI as it cited a ...