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Kwacha Holds Steady: Top Banks Offer Best Rates for Customers This Morning

mubitasamuel0@gmail.com3 months ago3 months ago03 mins

LUSAKA, Zambia The Zambian Kwacha remained relatively stable in the money market this morning, with commercial banks offering competitive rates for both buying and selling US dollars. According to data from the Bank of Zambia morning session, Access Bank Zambia, Bank of China (Zambia), and ABSA Bank Zambia emerged as the most favourable for customers…

Kwacha Holds Firm as Market Liquidity Improves

mubitasamuel0@gmail.com3 months ago3 months ago04 mins

Zambia’s currency traded with notable stability today, showing marginal strengthening across select interbank windows as improved liquidity and steady corporate flows kept volatility low. According to mid-week trading data from commercial banks, the kwacha remained tightly ranged between K22.70 and K22.95 on the interbank market, while retail rates showed a wider spread of K22.66–K23.30, reflecting…

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Kwacha Holds Steady: Top Banks Offer Best Rates for Customers This Morning

Kwacha Holds Firm as Market Liquidity Improves