The opposition Zambians for Empowerment and Development (ZED), has expressed concern at the volatility of the exchange rate in the country.
ZED president Frederick Mtesa has observed that the current instability of the exchange rate in the country may cause the Zambia%u2019s inflation rate to rise.
Dr. Mtesa has told Qfm news in an interview that such precariousness in the country’s exchange rate is mainly caused by the uncertainty in the policy direction that the ruling Patriotic Front is allegedly taking.
He has therefore urged the government to build on achievements made by previous government and sustain a liberal economy as opposed to stepping back in the era of a state controlled economy.