Reserve Bank of Malawi maintains policy rate at 26%
By Chisomo Phiri The Monetary Policy Committee (MPC) of the Reserve Bank of Malawi(RBM) says it has decided to keep the Policy Rate at 26 percent. The policy rate is…
RBM Governor Wilson Banda
RBM devalues Kwacha by 44%
By Chisomo Phiri The Malawi’s central bank Reserve Bank of Malawi (RBM) has devalued the kwacha by 44 percent effective today at midnight. Following the devaluation, the kwacha will be…
Reserve Bank invests US$200-million in mining sector
By Wahard Betha The Reserve Bank of Malawi (RBM) through its subsidiary, Export Development Fund (EDF), says it is investing US$200-million to support various projects in the mining sector, which…
