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IN today’s money market, the US Dollar is trading at K20.870 to a Kwacha.

This is according to the Bank of Zambia and the Lusaka Stock Exchange, while other banks are currently buying at K20.900 and selling at K21.290 respectively.

Following a check by the Techwatch News team at some banks in Lusaka’s central business district this morning, the team compiled the following rate;.

Access Bank Zambia is buying at K20.870 and selling at K21.281

Atlas Mara bank is buying at K20.869 and selling at K21.290

Bank of China (Zambia) is buying at K20.865 and selling at K21.270

ABSA Bank is buying at K20.890 and selling at K21.290

Cavmont Bank is buying at K20.900 and is selling at K21.290

Ecobank is buying at K20.849 and is selling at K21.270

Indo Bank is buying at K20.870 and is selling at K21.280

Stanbic is buying at K20.861 and selling at K21.276

Citi Bank Zambia is buying at K20.857 and selling at K21.278

Investrust bank is buying at K20.849 and selling at K20.270

The USD/ZMK spot exchange rate specifies how much one currency is currently worth in terms of the other. Rates are indicative and may change at short notice depending on market conditions.

 

 

What do you think?

Written by Jessica Mwansa

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