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Tuesday, August 1, 2017

Reserve Bank of Malawi raises flag on asset bubble | The Times Group

Reserve Bank of Malawi raises flag on asset bubble | The Times Group: "Reserve Bank of Malawi raises flag on asset bubble
Posted By: Taonga Sabolaon: July 31, 2017In: BusinessNo Comments
Reserve Bank of Malawi Governor, Dalitso Kabambe, has said Malawi could plunge into an asset bubble in 2018 if the prevailing rapid growth of pensions and insurance funds is not addressed.

An asset bubble is a situation where the price of an asset, such as housing or stocks, becomes over-inflated. It could also be described as a situation in which asset prices appear to be based on implausible or inconsistent views about the future."



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