Zambia

Here's how the Zambian kwacha rose in the face of inflation and debt

The Zambian kwacha is the best performing currency in the world against the US dollar, rallying over 18.5% from Jan. 22 to Sept. 1. Image: REUTERS/Mackson Wasamunu

Faustine Ngila

East Africa correspondent, Quartz

Share:
Our Impact
The Big Picture
Explore and monitor how Financial and Monetary Systems is affecting economies, industries and global issues
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Zambia

A chart showing Zambian Kwacha has been rallying against the US dollar.
The Zambian Kwacha has been rallying against the US dollar. Image: Quartz.

A $1.4 billion bailout package has seen the Zambian Kwacha strengthen against the US dollar and helped contain the rate at which prices were rising.
A $1.4 billion bailout package has seen the Zambian Kwacha strengthen against the US dollar and helped contain the rate at which prices were rising. Image: Quartz.
Discover

How is the World Economic Forum fostering a sustainable and inclusive digital economy?

Have you read?
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
ZambiaFinancial and Monetary SystemsEconomic Progress
Share:
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Why this city in Zambia has been nicknamed 'Amsterdam'

Deogracias Kalima

June 29, 2022

About Us
Events
Media
Partners & Members
Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum