ECONOMICS Association of Zambia Interim National Secretary Gibson Masumbu says an even stronger Kwacha is expected this week. Last week, the Kwacha improved exponentially against major convertibles on the exchange rate after having a rather poor performance in the preceding weeks. As at close of business last Friday, the Kwacha was trading at 17.8826 per US Dollar. And in an interview, Monday, Masumbu said a stronger Kwacha was expected this week arising from positive sentiments being made about the country’s debt restructuring programme at the ongoing IMF/World bank Spring meetings being held in Washington, USA. “We are expecting appreciation of the Kwacha to be stronger this week compared to last week. People were beginning to be anxious as to whether...

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