Zambian kwacha


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Synonyms for Zambian kwacha

the basic unit of money in Zambia

References in periodicals archive ?
How about the Zambian kwacha or the Vietnamese dong?
However, production is hitting a wall given the increasing costs of inputs and the appreciation of the Zambian Kwacha by 30% which is eroding the crop's profitability," said Abrunhosa.
An economic maelstrom for Zambia culminated last year in the local currency, the Zambian kwacha, beginning a precipitous slide against the dollar, "making it tough--everything costs more," Vencat says.
So far, IFC has issued bonds in 17 local emerging market currencies such as Armenian Dram, Chinese Renminbi, Indian Rupee, Peruvian Soles and Zambian Kwacha.
The Zambian kwacha has shed around 20% of its value over the last 18 months, and Edgar Lungu--who succeeded the populist president Michael Sata after his death--is under pressure to restart growth and create jobs in a stuttering and increasingly indebted economy.
The Zambian kwacha has been one of the worst performing African currencies in 2014, depreciating 13% against the dollar by the end of March.
Meanwhile, the Zambian Kwacha closed the month of February down at K5.
The re-based Zambian Kwacha was introduced after knocking off three zeroes from the old currency, K50,000, K20,000, K10,000, K5,000 and K1,000, while coins aACAo ngwees - were reintroduced.
The African Development Bank (AfDB) has issued bonds denominated in or linked to the Botswana pula, Ghanaian cedi, Kenyan shilling, Nigerian naira, South African rand, Tanzanian shilling, Ugandan shilling and Zambian kwacha.
It is expected that Chinese businesses operating in Zambia will start using the currency amongst themselves to reduce the amount of commission paid when changing from the Zambian kwacha via the US dollar.
The Zambia Electricity Supply Company (ZESCO) spokesperson Henry Kapata has announced that the state-run utility is intending to invest over 217 million Zambian Kwacha (about US$3.
Kanyama, noting that the local currency had depreciated by 60% in seven months, has forecast that fuel prices are likely to increase because of the continued weakness of the zambian kwacha.
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