ADBs
-
Business News
Kwacha volatility sends shockwaves
The continued depreciation of the kwacha is driving up the cost of living and increasing social stress in the…
Read More » -
Business News
Banks comply with RBM forex directive
Authorised Dealer Banks (ADBs) are conforming to the revised guidelines for foreign exchange trading issued by the Reserve Bank of…
Read More » -
Business News
Malawi kwacha in steep depreciation
After a few months of stability, the kwacha has found itself in another steep depreciation, with some foreign exchange bureaus…
Read More » -
Business News
Kwacha hits worst point, may trade at K525 by Dec
The kwacha hit its lowest point to the dollar since 2012 on Monday, with the middle rate falling to about…
Read More » -
Business News
Malawi forex reserves drop 14 percent
Malawi’s gross foreign exchange reserves, official and private sector combined, dropped by about 14 percent to 3.86 months of import…
Read More »