Malawi Kwacha gains ground against US dollar: Economy resuscitating | Malawi Nyasa Times - Malawi breaking news in Malawi: "
The Malawi Kwacha has appreciated against the US dollar from K420 to trade at K380 from Monday this week in what economic analyst say is due to the inflows from the tobacco trade - Malawi’s main foreign exchange earner accounting for more than half of all foreign exchange earnings.
Exchange rates monitored by Nyasa Times from Monday at National Bank of Malawi, Malawi Savings Bank and Indebank indicate that the Kwacha is this week trading at no more than K380 due to steady flows from tobacco sales."
'via Blog this'
The Malawi Kwacha has appreciated against the US dollar from K420 to trade at K380 from Monday this week in what economic analyst say is due to the inflows from the tobacco trade - Malawi’s main foreign exchange earner accounting for more than half of all foreign exchange earnings.
Exchange rates monitored by Nyasa Times from Monday at National Bank of Malawi, Malawi Savings Bank and Indebank indicate that the Kwacha is this week trading at no more than K380 due to steady flows from tobacco sales."
'via Blog this'
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