Kwacha will be market determined

how to write an outline for a narrative essay viagra man wife pragnet source how to get motivated to write an essay follow link fluorescein diacetate essay see url follow url go site human trafficking research paper erectile packages source url cheapest nexium essay writing service discount how do you cite an online essay in apa essay on motivation thesis control meaning pink female viagra how to send an email on iphone 6s argument in essay writing indian pharmacy ventolin here writing paper services review viagra beograd srbija cloning thesis paper watch free viagra pills uk The Bank of Zambia -BOZ- says the exchange rate will continue to be determined by the market forces.

A statement issued by the Bank of Zambia Communications Division says this is the most appropriate way in which economic imbalances are resolved.

The Central Bank says its utmost priority is to restore macroeconomic stability and revive economic growth.

This is in the midst of a challenging economic environment that has been significantly impacted by the Covid-19 pandemic.

The BoZ has said this in the wake of reports that the Central Bank wants to ban the holding of foreign currency accounts in commercial banks.

The Bank says such unsubstantiated reports can mislead the public and, if left unchallenged, have the potential to cause panic and destabilise the financial sector and the economy as whole.

The Central Bank further says the false reports have the potential to tarnish the image of the country, both locally and abroad.

The Bank has urged the public to use social media responsibly and desist from circulating false news.

The Independent Observer

John Sakala is a Journalist yearning for independent journalism

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: