"It is mainly because of an increase in the supply of dollars from offshore investors seeking high-yielding securities," a commercial bank trader said.
Zambia's kwacha firms to two-month high on offshore dollar inflows
LUSAKA (Reuters) - Zambia's kwacha firmed by more than one percent against the dollar to 7.085 on Wednesday, its strongest since March 10, on inflows from foreign investors chasing government debt.
Recommended articles
![The flood forced the Kenyan to stay on the tree for days [Kenya Red Cross]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "The flood forced the Kenyan to stay on the tree for days [Kenya Red Cross]")
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Parents put 3-month-old baby up for adoption so they can focus on work
Tinubu assures of more policies for nation’s industrialisation
Pelumi Nubi’s London-to-Lagos journey and West Africa’s border realities
Kano govt clears the air on alleged stray bullet incident involving journalist
Kebbi Gov won't hesitate to sign death warrant of convicted bandits' informants
Blackout hits Tanzania as Cyclone Hidaya makes landfall, Kenya braces itself
Popular footballer arrested over robbery that left 1 dead as police dismantle gang
When fire started on a boat, the captain was first to escape — 34 passengers died
Some Nigerians in public, private organisations using fake certificates - FG
ADVERTISEMENT
![33 passengers and one crew member died on the dive boat, Conception [Brian van der Brug/Los Angeles Times/AP]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "33 passengers and one crew member died on the dive boat, Conception [Brian van der Brug/Los Angeles Times/AP]")