Garbage in garbage out: Kwacha now selling above K7, Pound K11

Garbage in garbage out: Kwacha now selling above K7, Pound K11

One USA Dollar is now selling at more than K7000 Zambian Kwacha (or K7 PF currency) in most commercial banks.
In Bureaux de change where many people buy foreign currency, one Dollar has reached K7.2.
One British Pound is selling at K11, 000 in most Bureaux de change. In commercial banks 1 Pound is going for K10, 800. ZANACO, FNB, Barclays are all selling 1 USD dollar above K7, 000.
Even the hypocrites ate Bank of Zambia can no longer keep fake figures and by 09: 30 hours this morning put Interbank Foreign Exchange rates at 1$ = K6.9621.
Just yesterday, At Zambia National Commercial Bank (ZANACO), One USA dollar was K6.8566. One British Pound was going at K10.5232 as Tuesday 17, 2015.
Last Friday; one USA Dollar was fetching K6.7259. One British Pound was last Friday fetching K10.2419 from ZANACO.
On February 10, 2015, 1 US Dollar was costing K6.639 while 1 British Pound was going for K10.1236, according to Zambia National Commercial Bank rates.
Just a week earlier, February 2, 2015, the Zambian Kwacha was trading at K6. 579 per one US dollar in ZANACO. The British Pound was fetching K9.923At Barclays Bank,Screen Shot 2015-02-18 at 09.55.34

Screen Shot 2015-02-18 at 09.53.27

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