Zambia Election Euphoria Fuels Kwacha’s World-Beating Streak

  • Investors see Hichilema reaching IMF deal after poll victory
  • Country’s dollar bonds are world’s best performers this year

Hakainde Hichilema

Photographer: Patrick Meinhardt/AFP/Getty Images
Lock
This article is for subscribers only.

Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter

Zambia’s kwacha extended its gains versus the dollar, making it the world’s best-performing currency since Hakainde Hichilema was announced the winner of the Aug. 12 presidential vote.