Reserve Bank of Malawi firms policy rate management - BNL Times: "The Reserve Bank of Malawi (RBM) has issued a public notice that it shall no longer borrow money from the market at above the 22.5 percent monetary policy rate.
A money market analyst has since described the RBM move as a message to the market on the need to respect the policy rate as well as a signal that interest rates are too high and need to be managed downwards."
'via Blog this'
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