Economic Expert Naylor Kopakopa has stated that the real value of money depreciates with inflation, meaning Zambians now need more Kwacha to buy the same goods they bought a few years ago. In an interview with Zambian Business Times-ZBT, responding to questions on whether the value of a K100 is now becoming K50, Kopakopa said the real purchasing power of money must be assessed by looking at cumulative inflation over a period. “The real value depreciates with inflation, so to know the real value of K100 three years later, you need to account for inflation over those three years and...
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