BOZ Governor: New Notes Won’t Fuel Inflation
By White Luhanga
Bank of Zambia –BOZ- Governor DENNY KALYALYA says the introduction of 200 and 500 Kwacha banknotes will NOT drive the inflation rate up.
Dr. KALYALYA says claims suggesting the new bank notes will impact inflation are based on public perception, which is unfounded.
The BOZ Chief was speaking when he appeared on ZNBC’s Sunday Interview last night.
Dr. KALYALYA clarified that the currency remains unchanged, with the only change being the introduction of the new bank notes.
