US EditionMalawi Government plotting huge devaluation of Kwacha
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Malawi Government plotting huge devaluation of Kwacha
Kabambe Former Reserve Bank of Malawi (RBM) Governor Dalitso Kabambe says the Lazarus Chakwera administration has introduced forex auction in order to silently devalue the Malawi Kwacha and blame the devaluation on the private sector. Kabambe said this on Friday following RBM’s announcement of periodic foreign exchange auctions aimed at determining and maintaining clearing price […] The post Malawi Government plotting huge devaluation of Kwacha …
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