RBM says no plans to devalue the currency soon

The Reserve Bank of Malawi (RBM) has assured Malawians that it has no plans to devalue the Malawi Kwacha in the short to medium term, dismissing speculation largely coming from opposition quarters. RBM Governor, Dr. Mafuta Mwale, said government has lined up solid measures aimed at fighting inflation without resorting to devaluation. In the short […]

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