💡 Myth-Busting Money Day: The ‘Kwacha is Weak’ Lie 💰 When you hear someone say, “The Kwacha is weak because of politics,” it’s only part of the story. Let’s uncover the real forces that move Zambia’s currency: 🔍 1. Copper Prices: Zambia is a top copper exporter. When copper prices fall, our dollar inflows drop, putting pressure on the Kwacha. 🌍 2. Remittances: Zambians abroad sending money home create demand for Kwacha. More remittances mean a stronger currency. 📊 3. Bond Demand: Foreign investors buying Zambian government bonds need Kwacha. High demand for bonds boosts the Kwacha’s value. 📈 4. Global Dollar Strength: A strong US dollar can weaken the Kwacha, even if our economy is steady. Global markets play a huge role. ✅ The Truth: Currency values are shaped by multiple factors. Knowing this can help you make smarter financial decisions. #financial_advisor #zambiaseconomy #financial_literacy_week_zambia #zatufinance