Tag Archives: US Federal Reserve’s

Zambia: Does Zambia Need A Strong Kwacha? Yes? Probably Not?

Story from the Lusaka Times Websitekwacha

Yesterday, HE. MCS took the pain to address the growing concerns of a weak kwacha and cited among others the US Federal Reserve’s decision to reduce the amount of US dollar in circulation, the ripple effect of which is a legitimate fall in value of all currencies, kwacha inclusive. For all pessimists, whether PF or not, this is as certain as night and day, and when it happens, we as an economy, small and open, are on the receiving end. Click here for the Full Story

CLICK HERE FOR MORE ZAMBIAN NEWS WEBSITES