Central Banking

Zambia's Fundanga speaks to the media

Dr Caleb M.Fundanga, governor of the Bank of Zambia, addresses the media at the opening of the Bank of Zambia 9th media seminar on March 4 2004, highlighting positive developments in his request for their support. Fundanga asked the press to talk about these in a constructive way, rather than resorting to sensational reporting that could prove disruptive.

He talked amongst other developments of the relative stability of the currency:

"Relative stability of the Kwacha exchange rate also contributed

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