Kwacha Holds Firm as Market Liquidity Improves
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…