Kwacha to depreciate further this week

Kwacha to depreciate further this week

One USA Dollar will this week be costing more than K19 in commercial banks. It is already selling for close to K19:20 on the black market.

A British Sterling is selling for K23: 28 something that has never happened in the history of Zambia.

According to the PF, the tumbling of the Kwacha is due to the Coronavirus.

Share this post