THE Bank of Zambia (BOZ) has advised citizens not to be complicit in schemes that externalise money illegally. BOZ Governor Denny Kalyalya has also announced that the Monetary Policy Committee has decided to maintain the Monetary Policy Rate at 13.5 percent. Dr Kalyalya has further disclosed that in the second quarter of 2024, the Kwacha’s depreciation against the US dollar moderated further to 3.8 percent from 10.6 percent in the first quarter, due to improved foreign exchange supply, particularly from the mining sector. During a Monetary Policy Committee media briefing yesterday, Dr Kalyalya was asked if the over K10 billion in financial leakages reported in the latest FIC report had an impact on the monetary policy, and he responded in...