Reserve Bank of Malawi slashes policy rate to 22 percent | The Times Group: "Reserve Bank of Malawi slashes policy rate to 22 percent Posted By: Taonga Sabolaon: March 26, 2017In: BusinessNo Comments THE Monetary Policy Committee (MPC) of the Reserve Bank of Malawi on Friday agreed to cut the indicative cost of money, technically known as the policy rate, by 200 basis points from 24 percent to 22 percent, a development buoyed by a sharp fall in inflation. "
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