Kwacha depreciates further

Screen Shot 2015-02-10 at 07.29.47From last week, the Zambian Kwacha has depreciated further.

To buy 1 US Dollar, you now need K6.639 and to buy just 1 British Pound, you have to pay K10.1236, according to Zambia National Commercial Bank rates for February 10, 2015.

Just last week, February 2, 2015, the Zambian Kwacha was trading at K6. 579 per one US dollar in ZANACO. The British Pound was fetching K9.923
At Barclays Bank,

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