Over-Appreciation of Kwacha Would Hurt Economy – Situmbeko Musokotwane

2026-02-18 - 06:07

Minister of Finance and National Planning Situmbeko Musokotwane has cautioned that while the Kwacha’s recent appreciation is positive, excessive strengthening of the local currency could destabilize the economy. As of February 17, 2026, the Kwacha was trading between K18.23 and K18.58 against the US dollar, reflecting continued strong performance. Speaking during the joint FNB Zambia