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Policy monitors hail Kwacha gains

CHOMBA MUSIKA, Lusaka
THE Policy Monitoring and Research Centre (PMRC) says the appreciation of the Kwacha against other currencies will instil investor confidence in the Zambian economy.
PMRC executive director Bernadette Deka said although the appreciation of the local currency is unpredictable, it is encouraging that it has in the last two weeks recorded a bullish run, trading at a single digit against the United States dollar.
Ms Deka has attributed the appreciation of the local currency to a steady monetary policy.http://epaper.daily-mail.co.zm



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