Malawi’s forex reserves improves to 1.3 months of import

Malawi’s gross official foreign exchange reserves position went up to $321.53 million or 1.29 months of import by the end of June 2023 from $194.82 million (0.78 months), NICO Asset Managers have disclosed. This is according to a weekly market update the company published yesterday. Figures provided show that private sector reserves increased to $407.47 million, […]

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