Central Bank To Take Measures To Curb The Depreciating Kwacha – Denny Kalyalya

Bank of Zambia -BOZ- Governor DENNY KALYALYA

Bank of Zambia -BOZ- Governor DENNY KALYALYA says the Central Bank will take necessary measures to curb the depreciation of the kwacha.

Addressing the quarterly briefing in Lusaka this morning, Dr. KALYALYA says BOZ has already instituted measures such as Open Market Operations as part of the curbing process.

He says the Bank cannot rule out adjusting the reserve ratio from 14 percent among other measures that could help strengthen the currency.

Dr. DENNY KALYALYA has attributed the 19 percent depreciation of the kwacha in the last three months to a slump in copper prices on the international market and reduction in Non Traditional Exports.

He adds that foreign exchange supply by the mining sector has also fallen relatively to demand.

The BoZ Chief further says government’s infrastructure development projects in sectors such as health and education despite being good has led to higher budget deficits and increased demand for domestic foreign resources.



35 thoughts on “Central Bank To Take Measures To Curb The Depreciating Kwacha – Denny Kalyalya

  1. Way cool, some valid points! I appreciate you making this article available, the
    remaining part of the website is also high quality.
    Have a enjoyable.

  2. Thanks for your personal marvelous posting! I actually enjoyed reading it, you happen to be a great author.I will make certain to bookmark your blog and definitely will come back in the foreseeable future. I want to encourage one to continue your great job, have a nice holiday weekend!

  3. Hey I am so excited I found your web site, I really found you by accident, while I was looking on Digg for something else, Regardless I am here now and would just like to say thanks a lot for a incredible post and a all round enjoyable blog (I also love the theme/design), I donít have time to read it all at the moment but I have bookmarked it and also added your RSS feeds, so when I have time I will be back to read more, Please do keep up the awesome work.

  4. I personally arrived right here from a different website related to vshare pro and imagined I might look into this. I love the things I see thus now I”m following you. Getting excited about exploring the website yet again.

  5. Admiring the hard work you invested in this site and detailed material you provide. It is good to find a website now and then that is just not the same old rehashed stuff. Wonderful read! We’ve saved your site and I am adding the RSS feeds to my download lucky patcher website.

  6. I was discussing with a friend of mine about this info and also about pokemon shuffle mobile as well. I believe you made a number of very good points in this case, we’re also excited to read more material from you.

  7. I’ve been surfing online more than three hours lately, yet I by no means found any interesting article like yours. It’s beautiful value enough for me. In my opinion, if all site owners and bloggers made just right content as you did, the web can be a lot more useful than ever before.

  8. I discovered your weblog web site on google and check some of one’s early posts. Continue to keep up the quite great operate. I just additional up your RSS feed to my MSN News Reader. Looking for forward to reading additional from you later on!

  9. It was amazing to read this article and I feel you are 100 right. Let me know if perhaps you’re thinking of instagram free likes, that is my major competency. I’m hoping to check back with you soon enough, take care!

  10. It was amazing reading this article and I feel you are completely right. Inform me if perhaps you are thinking about birthday greetings, this is my principal competence. I hope to see you in the near future, cheers!

  11. I am not sure where you’re getting your info, but good topic. I needs to spend some time learning much more or understanding more. Thanks for excellent info I was looking for this information for my mission.

  12. I’m curious to discover which website platform you have been using? I am having a few slight protection problems with the latest website on best birthday messages and I would like to find a thing far more safe. Have you got any alternatives?

  13. Hey There. I found your blog using msn. This is a really well written article. I’ll be sure to bookmark it and return to read more of your useful information. Thanks for the post. I will certainly comeback.

  14. Thanks for the sensible critique. Me & my neighbor were just preparing to do some research on this. We got a grab a book from our local library but I think I learned more clear from this post. I am very glad to see such magnificent info being shared freely out there.

  15. In such a visit clients can get the opportunity to obtain an authorized, safe notwithstanding proficient condition. These outings might energize, and a guest can take a gander at the crude awesome thing about the territory.

  16. Desert Safari Dubai is a crazy Desert safari ride from Arabian Company that will bring you here and there in the sand hills. You will enjoy the Dune Bashing in the middle of the desert safari and you will get a chance to take photos and taking a gander at the delightful encompassing around you. After that, you proceed with the excursion and land into a camp to see the desert and walk in the desert, do the Then you will go to the Camp for Amazing Traditional Entertainment and BBQ + Boofa Dinner with unlimited soft drinks. The Arabian Desert covers the majority of Arab Emirates

  17. You are certainly right and I definitely agree with you. If you want, we could also speak about firestarter, something that fascinates me. Your website is definitely amazing, regards!

  18. Thanks a lot for writing this info, I saved this website. I am furthermore trying to find info regarding videoder android, are you aware where I can find something like this? I will come back soon!

  19. Get best desert safari Dubai,Dubai Desert Safari Deals,Evening desert safari,We are offering our clients a very valuable service that has the great capability to spend a quality time with your family and loved one’s. DesertSafariDubaii.com has been serving since many years to give a great adventure of its visitors that can provide you a thrilling experience of DESERT SAFARI DUBAI.

  20. Pretty section of content. I just stumbled upon your blog and in accession capital to assert that I acquire actually enjoyed account your blog posts. Any way I’ll be subscribing to your augment and even I achievement you access consistently fast.

  21. You could certainly see your expertise within the work you write. The sector hopes for more passionate writers like you who are not afraid to say how they believe. At all times go after your heart.

  22. I was recommended this website by my cousin. I am not sure whether this post is written by him as no one else know such detailed about my difficulty. You are amazing! Thanks!

  23. It’s really a nice and helpful piece of information. I am glad that you shared this useful info with us. Please keep us informed like this. Thanks for sharing.

  24. You’re totally right and I definitely trust you. When you want, we could also talk around shareit app download for android, a thing which fascinates me. Your website is amazing, all the best!

  25. You are completely right! I enjoyed reading this and I will certainly come back for more straight away. Our website is on the subject of aadhar card status enquiry phone number, you could look if you are interested in that.

  26. I’m still learning from you, while I’m improving myself. I certainly love reading everything that is written on your blog.Keep the tips coming. I liked it!

  27. Hey Taryn – Oneself really should consider Shake Shack’s Shroom Burger. It’s a portobello mushroom with cheese within just. I wager it’s vegetarian and not automatically vegan, yet it’s nevertheless tremendous Excellent!

  28. I’m really loving the theme/design of your site. Do you ever run into any web browser compatibility problems? A handful of my blog visitors have complained about my site not operating correctly in Explorer but looks great in Chrome. Do you have any tips to help fix this issue?

  29. Hi, i feel that i saw you visited my website thus i got here to “go back the want”.I’m attempting to in finding issues to improve my site!I suppose its adequate to make use of a few of your ideas!!

Leave a Reply