NEWS: Zambia’s Kwacha world’s best-performing currency since Hichilema’s poll victory

NEWS: Zambia’s Kwacha world’s best-performing currency since Hichilema’s poll victory

Zambia’s kwacha extended its gains versus the dollar, making it the world’s best-performing currency since Hakainde Hichilema was announced the winner of the Aug. 12 presidential vote.

The kwacha has appreciated by 7.8% this week to 17.92 per dollar, the best performance out of more than 140 currencies tracked by Bloomberg globally and on track for the strongest close since May 2020. for more information about the news Ready more…