Pulse.ng logo
Go

In Zambia Kwacha slips as copper prices remain near one-month low

By 0911 GMT, the kwacha had weakened 1.21 percent to 10.4650 per dollar.

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

Zambia's kwacha fell more than one percent on Wednesday as persistent signs of an oversupply of copper amid tepid Chinese demand kept the metal's prices near a one-month low.

Zambia is Africa's second-largest producer of copper.

By 0911 GMT, the kwacha had weakened 1.21 percent to 10.4650 per dollar.

Do you ever witness news or have a story that should be featured on Pulse Nigeria?
Submit your stories, pictures and videos to us now via WhatsApp: +2349055172167, Social Media @pulsenigeria247: #PulseEyewitness & DM or Email: eyewitness@pulse.ng. More information here.