CNBC Africa·3 min read·hard

Zambian and Ghanaian currencies seen under pressure

R
Reuters
Zambian and Ghanaian currencies seen under pressure
AI Summary

Currencies in Zambia and Ghana are expected to weaken against the US dollar due to high demand and economic pressures. Conversely, the Ugandan shilling is showing signs of strength, while the Kenyan and Nigerian currencies remain stable.

LUSAKA, July 30 (Reuters) – The currencies of Zambia and Ghana are expected to weaken against the dollar next week, while Uganda’s shilling is expected to firm and Kenya’s and Nigeria’s currencies are seen broadly stable, traders said.

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