Zambia Trying to Avoid IMF Runs Out of Options as Kwacha SlumpsBy and
Zambian currency is world's worst performer this quarter
Widening deficit, rising yields may force government's hand
Zambia’s Finance Minister Alexander Chikwanda is no admirer of the International Monetary Fund. With the nation’s currency plunging to a record and yields on foreign bonds approaching 11 percent, he may soon have to change his mind, according to Rand Merchant Bank.
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