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Cavmont Bank says demand for the United State dollar has continued to outweigh supply on the exchange market.
The Bank however said the local currency is expected to gain support as the exchange market approaches the mid-month where there is increased inflows from increased conversions.
This is according to Thursday Market report obtained by ZANIS in Lusaka today.
The report stressed that the topical issue of the independence of Scotland from the United Kingdom has put the pound sterling under some pressure.
The Kwacha traded in the range K6.140 to K6.160 and K6.160 to K6.180 per one US dollar.
