One Pound above K16,000 as Kwacha deteriorates further

One British Pound is now selling at K16. 29 (K16, 297) old currency as the Zambia Kwacha continues crashing maybe due to poor rainfall or whatever excuse the PF government has this time.

The USA Dollar is steadily cruising into breaking the K11:00 (K11, 000) line per single Dollar due to lack of leadership in Zambia.

Thursday morning, one USA Dollar was selling at K10.67 in Zambia National Commercial Bank. In bureaux de change, one Dollar was costing between K10. 70 and K10. 90.

The Euro is now trading above K12. 00 (K12, 000).

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