An economist says the current drop in copper prices below US$7,000 per tonne is likely to have an effect on the availability of foreign exchange on the market thereby adding more pressure on the Kwacha.
Professor Oliver Saasaa has also described the development as bad news for the country, stating that the economic stability in the major importing countries has affected the copper prices.
He also observed that copper prices are likely to come further down responding to the law of supply and demand.
Professor Saasa has tribute the fall in copper prices to reduced demand in major importing countries such as China.
He adds that slow global economic growth could be another reason for the decrease in the copper prices.
He states that the development is likely to have an effect on the government treasury.
Professor Saasa hopes that the copper prices will rebound soon to $8,000 per tonne.