By MAIMBOLWA MULIKELELA
THE Kwacha yesterday slipped
further against the United State dollar from Monday’s close of K6.420/6.440 to
an opening level of K6.450/6.470 at interbank.
Monday’s trading session
saw the Kwacha weaken from an opening level of K6.420/6.440 against the dollar.
According to Standard
Chartered Bank daily brief, the currency pair on Monday came in 40 points
higher on Monday at around K6.420/6.440 from Friday’s K6.380/6.400 level.
The bank was selling the
local unit yesterday at K6.4850 against the dollar and buying it at K6.3585.
A check by Times of Zambia in Lusaka at Golden Coin
Bureau de Change, the Kwacha was being sold at K6.4500 and buying it at K6.3500
against the greenback on Tuesday at 09:32 hours.
While at JIT Bureau de Change Limited, the local
unit was trading in the range of K6.350/6.490 against the greenback yesterday
at 10:30 hours.
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