Dear editor,US Dollar has at the moment only one key prominent source of supply and this is the bank of Zambia, this is mainly due to the weak activities or position emanating from the export sides, so right now we have a huge demand for US Dollars coming from importers, who are trying to clear some goods with ZRA while at the same time others are buying goodies meant for Christmas, and we have an end of year expenses dishing out as well particularly from companies / NGO’s to finish off their 2021 budgets so that they avoid less funding for next financial year of 2022.So in short, October each year since Zambia is an import-driven country, the US dollar has a high level of engagements on the sides of its demand in order to meet up import requirements which is currently coming right now, and in few weeks from now, as this entirely runs […]
A brief about Forex Market Projected Performances
