Kwacha holds firm against dollar amidst rumours of devaluation

The Malawi Kwacha continues to maintain stability against the US dollar amidst rumours of devaluation of the currency, according to statistics from Foreign Exchange Auction. Bertha Chikadza, president of the Economics Association of Malawi (ECAMA) said this stability reflects positively on the local economy. She encouraged Malawians not to lose hope, citing the Reserve Bank […]

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