Import cover healthy—RBM - The Nation Online

Import cover healthy—RBM - The Nation Online: The Reserve Bank of Malawi (RBM) says despite the country being “deep in the lean period” in foreign exchange availability, the import cover is still healthy to sustain critical imports. RBM spokesperson Mbane Ngwira was responding to observations that the kwacha has lost ground, particularly against the dollar and that foreign exchange reserves have slightly dropped in recent weeks.