Malawi Kwacha falls 6% in 2016 first half | The Times Group: "A report shows that the kwacha lost value against the United States dollar by nearly six percent in the first half of 2016.
The report, released by Nico Asset Managers, has attributed the fall to low tobacco prices and high rejection rates that have negatively affected the inflow of foreign currency. It also cites the strengthening of the dollar against other currencies as a contributing factor."
'via Blog this'
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