Zambia’s Dedollarization Plan Aims to Strengthen Kwacha Stability

Zambia’s latest determination to restrict overseas currency usage successful home transactions is aimed astatine stabilizing its currency, the kwacha, according to cardinal slope Governor Denny Kalyalya. The Bank of Zambia announced this inaugural successful June and is inactive consulting marketplace participants, with nary acceptable implementation date. Kalyalya highlighted that overseas currency usage hinders effectual monetary […]