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Thursday, November 5, 2015

Malawi raises key lending rate to 27.0 pct, cuts GDP forecast | Reuters

Malawi raises key lending rate to 27.0 pct, cuts GDP forecast | Reuters: "LILONGWE (Reuters) - Malawi's central bank lifted its benchmark lending rate by 200 basis points to 27 percent on Wednesday, saying persistently high inflation, a depreciating exchange rate and uncertainties on food prices and wage demands posed risks."



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