ADVERTISEMENT

Kwacha firms 1 percent as risk appetite resurfaces

At 0725 GMT the kwacha gained 1.02 percent against dollar to 9.6900.

A man displays a 50,000 Kwacha note in Lusaka January 23, 2012. REUTERS/Mackson Wasamunu

Zambia's kwacha firmed more than one percent on Monday, rising alongside fellow commodity-linked currencies boosted by a return of risk sentiment as investors pushed back bets of an interest rate hike by the United States central bank.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Canadian mayor praises Lagos under Tinubu at event honouring Peter Obi

Canadian mayor praises Lagos under Tinubu at event honouring Peter Obi

Nigeria, UK’s trade relations currently worth £7bn – Envoy

Nigeria, UK’s trade relations currently worth £7bn – Envoy

Kogi residents score Gov Ododo high after 100 days in office

Kogi residents score Gov Ododo high after 100 days in office

Shettima departs for 2024 US-Africa Business Summit in Dallas

Shettima departs for 2024 US-Africa Business Summit in Dallas

Austria introduces DNA tests on relatives to curb family migration

Austria introduces DNA tests on relatives to curb family migration

FG building Lagos-Calabar road because of Tinubu, Chagoury business ties – Atiku

FG building Lagos-Calabar road because of Tinubu, Chagoury business ties – Atiku

Russia sends new military equipment to Niger as relationship waxes strong

Russia sends new military equipment to Niger as relationship waxes strong

Parents, lecturers disagree over 18 years university admission age

Parents, lecturers disagree over 18 years university admission age

Prince Harry, Meghan are in 'competition' over Nigeria

Prince Harry, Meghan are in 'competition' over Nigeria

ADVERTISEMENT
ADVERTISEMENT