Pulse.ng logo

Zambia's kwacha gains over 1.7 pct on increased dollar inflows

  • Published:

Join the "sabi" clique. Don't miss a thing, get the latest updates to fuel your conversation daily

By signing up , you agree to our Privacy Policy and European users agree to the data transfer policy

Thank You! You have successfully subscribed to receive pulse.ng daily newsletter.

LUSAKA (Reuters) - Zambia's kwacha jumped more than 1.7 percent against the greenback to 6.9850 on Thursday, lifted mainly by increased dollar inflows from foreign portfolio investors.

"There is increased dollar supply ahead of tomorrow's bond auction," one commercial bank trader said.

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.