LUSAKA, Dec 10 The Kwacha continued to depreciate against the U.S. dollar in Monday’s trading sessions, with commercial banks’ rates showing a steady weakening of the local currency driven by persistent demand for the greenback from importers and corporates. According to the Daily Commercial Banks Exchange Rates, the market average retail rate rose to K23.5298…
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…
The Zambian kwacha showed marginal stability on Monday, December 1, 2025, with commercial banks maintaining tight trading spreads across morning and afternoon sessions, according to daily exchange rate data published by the Bank of Zambia. The market average rate stood at K22.95 / K23.00 at 09:30 hours and moved only slightly to K22.96 / K23.01…
