Speculators blamed for kwacha stumble | The Times Group: "Experts have blamed speculative trading by foreign exchange players on the market for the recent fall in the value of the Malawi kwacha.
The Financial Dealers’ Association of Malawi (Fimda) and an economic analyst have said there is a general expectation on the market that foreign exchange reserves will deplete in the coming months and that players have started taking positions."
'via Blog this'
The Financial Dealers’ Association of Malawi (Fimda) and an economic analyst have said there is a general expectation on the market that foreign exchange reserves will deplete in the coming months and that players have started taking positions."
'via Blog this'
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