Back to News
Market Impact: 0.3
Zambian Kwacha Extends Slide as Oil Importers Seek Dollars
Source: Bloomberg
Currency & FXEmerging Markets
The Zambian kwacha fell as much as 6% on Tuesday, its biggest daily decline in more than three years. Corporate demand for dollars weighed on the currency, which had been Africa’s top-performing currency this year.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.30
More News
- JPMorgan and Deutsche Bank just upgraded Brazilian stocks. How to trade them
- Student riots engulf France as far-right presidential frontrunner Le Pen vows fiscal turnaround
- Analysis-Vietnam’s banks tap investors for $7 billion as economy runs red hot
- Surging Yields Hit Asian Bond Sales as AI Fundraising Trails US
- French Fiscal Concerns Bring Home Painful Risk Premium
- Apollo’s Zelter Says Compute, Energy Will Be AI Bottlenecks