Macro Finance
Zambian Kwacha Extends Slide as Oil Importers Seek Dollars
Bloomberg Markets·October 6, 2026·1 min read
The Zambian kwacha fell as much as 6% on Tuesday, its biggest daily drop in more than three years, as corporate demand for dollars weighed on the currency, which had been this year's top-performing African currency. The slide was driven by oil importers seeking dollars, according to traders.
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