The Reserve Bank of Malawi (RBM) has expressed confidence that the kwacha and the
exchange rate will remain stable in the short to medium-term.
RBM spokesperson Mbane Ngwira said this in the context of the disbursement on Friday of
S84-3 million (K62 billion) by the World Bank in budget support.
Besides this, the central bank has also enhanced its open market operations by mopping up
excess liquidity on the market. 'via Blog this'
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