Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar
Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar
- Bitcoin News In 4 Seconds
- 0
- 1 minute read
Zambia’s worsening shortage of foreign exchange as well as one of its worst droughts in recent memory saw the local currency drop to a record low of K27.3 to the dollar. As explained in the report, the kwacha has lost as much as 17% in the past six months. Forex Shortages: The Impact of Drought […]
