BANKERS Association of Zambia (BAZ) Chief Executive Officer Leonard Mwanza says volatility on the Kwacha depreciation has not been violent this year and much of 2024. In an interview, Thursday, Mwanza said the Kwacha didn’t experience violent spikes that would have led the exchange rate to trade beyond normal acceptable margins in the market. “We have a history where the spike or the change in the volatility outside normal ranges wasn’t there much of the year 2024. In much of 2024, the aspect of violent volatility wasn’t an effect on the Kwacha depreciation. So, as much as we saw some depreciation, you could also see that there was a fluctuation between appreciation and depreciation much of 2024. But the positive...