IN today’s money market, the US Dollar is trading at K20.869 from K20.870 to a Kwacha, registering 0.01 point increase.
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 21.290 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 K20.854 and selling at K21.275
Investrust bank is buying at K20.859 and selling at K20.280
Standard Chartered is buying at K20.860 and selling at K21.275
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.