Kwacha Plummets again with 4.7% depreciation against dollar
By Chisomo Phiri The Reserve Bank of Malawi (RBM) has announced that Malawi Kwacha will depreciate by 4.7 percent from K1,126 to K1,180.29 against the dollar starting from October 2,…
Wilson Banda
Malawi Kwacha on the slide by 2.8% against US dollar
By Chisomo Phiri The Malawi kwacha has marginally depreciated by 2.8 percent against the United States of America dollar following the foreign exchange auction the Reserve Bank of Malawi (RBM)…
Reserve Bank upbeat on Economic Recovery
By Austin Fukula Reserve Bank of Malawi Governor Wilson Banda says the growth of the country’s Gross Domestic Product is still hovering around 1.9 percent this year due to economic…
RBM disowns reports of having plans to release K10000 banknote
By Robert Nkhoma The Reserve Bank of Malawi (RBM) has disowned reports circulating on social media that it is planning to release a K10000 banknote in October this year. In…
