Professor of Economics at the Malawi University of Business and Applied Sciences (MUBAS), Betchani Tchereni, has welcomed the Reserve Bank of Malawi (RBM) move to devalue the local currency by 44 percent, arguing “it reflects the true market value of the Malawi Kwacha on the ground”. RBM devalued the Malawi Kwacha on Wednesday from K1,180 to K1,700 […]

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