BANK of Zambia Governor Dr Denny Kalyalya says it is difficult to determine whether the Kwacha will continue to appreciate because the Central Bank does not forecast the exchange rate. Dr Kalyalya adds that beefing up non-traditional exports such as avocados, chilli and beef can help increase the flow of foreign currency. Meanwhile, Dr Kalyalya has disclosed that government will roll out the Import Tracking Framework, which will provide data on how many imports come into the country. Responding to questions during the Monetary Policy Rate (MPR) briefing, Wednesday, Dr Kalyalya clarified that the Central Bank’s target has never been to forecast the exchange rate. “Our target has not been to target the exchange rate that it must now be...




