Kwacha posts gains against dollar

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THE Kwacha yesterday posted gains, trading below K12, a survey has revealed.
A check at FX Bureau de Change at 10:00 hours yesterday revealed that the local currency has continued to appreciate against the United States dollar and was trading at K11.20 and K11.43 on bid and offer, respectively.
At Golden Coin Bureau de Change, the Kwacha traded at K11.00 and K11.25 against the greenback on bid and offer, respectively.
The Bank of Zambia pegged the local unit at K10.94 and K10.96 against the US dollar.

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