Zambian Kwacha Rebounds From Record as Central Bank Intervenes

  • World's worst-performing currency gains first time in six days
  • IMF delegation heading to Zambia to discuss `challenges'

Zambia’s kwacha advanced for the first time in six days as the central bank sold dollars for a second day to arrest the currency’s slump to a record against the greenback, according to David Willacy, a currency trader at Intl. FCStone Europe.

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