Kwacha drops in value again

After making some gains the past few days, the Zambian Kwacha has just deprecated massively.

Yesterday, (Monday 27 May) the Kwacwa had appreciated to trade at K13:10 ngwee per US Dollar.

But today (Tuesday 28 May 2019) the Kwacha dropped to K13: 62 per US Dollar, according to ZANACO foreign exchange rates.

The UK pound has gone back to trading at K17:27 from K16: 60 just yesterday.

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