Minister of Finance Simplex Chithyola-Banda has backed the decision to devalue the Malawi Kwacha saying the Malawian currency was overvalued and this was affecting the country’s economy. Minister responsible, Simplex Chithyola-Banda said this at Bingu International Convention Center (BICC) in Lilongwe following the recent 44% devaluation of the Malawian Kwacha. He said Malawi Kwacha was […]

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