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Economy, Currency and Banking

Bank of Zambia, foreign banks, average, development

The decimal system of currency, issued in 1968, is based on the kwacha, consisting of 100 ngwee (3,111 kwachas equal U.S.$1; 2000 average). The country’s central bank is the Bank of Zambia (1964); commercial, development, and foreign banks are widely represented.



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Bank of Zambia, foreign banks, average, development

 
 

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