Kwacha remains firm - The Nation Online:
Kwacha remains firm
Orama Chinamulungu O April 7, 2018 o Comments
The Reserve Bank of Malawi (RBM) along with some economic commentators have said the
slight depreciation of the local unit recorded in the previous month is no cause for alarm but
rather a normal market occurrence.
The central bank and the economic commentators were reacting to a recent situation where
the kwacha has remained firm to major trading currencies for the past 14 months, but
experienced a slight depreciation last month by shedding off Kl.
'via Blog this'
Kwacha remains firm
Orama Chinamulungu O April 7, 2018 o Comments
The Reserve Bank of Malawi (RBM) along with some economic commentators have said the
slight depreciation of the local unit recorded in the previous month is no cause for alarm but
rather a normal market occurrence.
The central bank and the economic commentators were reacting to a recent situation where
the kwacha has remained firm to major trading currencies for the past 14 months, but
experienced a slight depreciation last month by shedding off Kl.
'via Blog this'
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