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Kwacha under pressure as pound and euro surge in exchange markets - Malawi Freedom Network
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Kwacha under pressure as pound and euro surge in exchange markets - Malawi Freedom Network
By Burnett Munthali The Malawian Kwacha continues to weaken against major international currencies, raising fresh concerns about the country’s economic stability and import costs. As of today, 5 July 2025, one British Pound is selling at K2,372 in the local forex market. Meanwhile, one Euro is being traded at K2,001, reflecting a continued trend of depreciation of the local currency. The high exchange rates are a reflection of ongoing foreign ex…
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