LUSAKA, Feb. 3 (Xinhua) -- The Zambian government on Friday expressed optimism that the local currency, the Kwacha, which has depreciated significantly in recent months, will stabilize this year.
Minister of Finance and National Planning Situmbeko Musokotwane said the resumption of operations by two of the country's biggest mining firms, Konkola Copper Mines and Mopani Copper Mines, will result in increased foreign exchange inflows into the country's economy, a situation that will have positive effects on the foreign exchange market.
