Kwacha


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Kwacha

References in periodicals archive ?
This, he explained has had an adverse impact on the Kwacha due to the high correlation between copper prices and market sentiments of the Kwacha dollar exchange rate.
He said the appreciation of the Kwacha was good for the economy of the nation as it would yield in stable rates and also ease the inflation rate.
to 30 June 2013 as the transition period during which both the old and the new currencies circulated simultaneously, and the old Kwacha stopped being in use at the end of June.
But Banda said the 67% devaluation of the Kwacha has eaten up the value of public servants' salaries.
These funds to support MSMEs will be provided in Kwacha because we don t want AB Bank to incur foreign exchange risks, which we will take up .
The Zambia central bank has said that a delayed IMF programme is affecting the value of the local currency, the kwacha.
His pig-raising boss will give him k600 total ($60) for building this huge cinder block barn but he hasn't seen a single kwacha yet.
The Zambia Telecommunications Company Limited (ZAMTEL) has launched an electronic payment solution called ZAMTEL Kwacha, reported the Lusaka Times.
The project has been estimated at over 124 million Kwacha.
While UK banknotes feature favoured historical figures such as Winston Churchill, the 50 kwacha note in Malawi features the famed Land Rover Defender - made in Solihull until this year.
As we reported in the February issue of African Business, the Zambian kwacha lost 42% of its value against the US dollar last year, the worst performance of any African currency.