‘Mopani deal to stabilise Kwacha’
Published On January 3, 2024 » 543 Views» By Times Reporter » Business, Stories
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. Chibuye

By ANDREW MULENGA –
THE disbursement of funds from Bretton Woods Institutions and the sealed Mopani Copper Mines (MCM) deal will indirectly move to balance the demand for the United States Dollar on the local market, PricewaterhouseCoopers (PwC) has said.
PwC Country Senior Partner Andrew Chibuye said the two disbursements from the World Bank and the International Monetary Fund (IMF) would most likely have an indirect effect on the exchange rate.

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