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Foreign Exchange News
The Kwacha made a significant gain against the Dollar on Friday and was trading around K4,600/$ and K4,700/$ on the bid and offer respectively.
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Money Market News
The market continues to have high levels of liquidity with the aggregate commercial banks current account balances with Bank of Zambia at K867.0 billion and overnight rates averaging 1.60%.
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| :: Today's
Exchange Rates |
| Currency |
We Buy |
We Sell |
| US Dollar ($) |
4,500 |
4,700 |
| UK Pound (£) |
6,749 |
7,049 |
| SA Rand (R) |
606 |
633 |
| Euro (€) |
6,124 |
6,396 |
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|
| Days |
Low |
High |
Average |
| 91 |
2.69% |
3.00% |
2.95% |
| 182 |
3.39% |
4.00% |
3.85% |
| 273 |
5.24% |
5.24% |
4.91% |
| 364 |
5.45% |
5.99% |
5.73% |
Date: 9 March, 2010 No: 10/2010
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| Period |
Weighted Average |
| 2 Years |
10.99% |
| 3 Years |
12.05% |
| 5 Years |
15.35% |
| 7 Years |
16.81% |
| 10 Years |
18.32% |
| 15 Years |
18.65% |
Date: 9 March, 2010 No: 02/2010
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