Kwacha firms more than 2 pct as copper hits 8-week high

The currency of Africa’s second-biggest copper producer was up 2.7 percent at 10.4500 by 0630 GMT.

Zambia’s kwacha firmed more than 2 percent against the dollar on Wednesday as the price of copper rose to an 8-week high as investors bet on more global stimulus measures after Britain’s shock vote to leave the European Union.

The currency of Africa’s second-biggest copper producer was up 2.7 percent at 10.4500 by 0630 GMT.

Source: Pulse.ng

2016-07-08T16:52:06+00:00 June 30th, 2016|Industry|0 Comments

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