The best currency of 2016, Bloomberg has called the Zambian Kwacha


According to experts of the economic Agency Bloomberg, the best currency of 2016 became the Zambian Kwacha.

It is this currency at the rate of growth in 2016 ahead of the other 150 world currencies. From the beginning, the national currency of Zambia rose against the dollar by 19.9%. For comparison, the gold price rose by 16.3%.

The growth of the Zambian Kwacha is associated with the increase in copper prices since the country has reserves of copper ore is one of the leading places in the world. Main. Last year, the Zambian currency has collapsed by 42%. However, in mid-January, copper prices reached seven-year lows, after it started to grow.