Malawi: 25% devaluation of the national currency, the kwacha
Published on: Friday 27 May 2022
Malawi on Thursday announced a 25% devaluation of its national currency, the kwacha, in a bid to shore up dwindling foreign exchange reserves and curb inflation. The declaration was made as the ...
News source: https://www.africanews.com/2022/05/27/malawi-25-devaluation-of-the-national-currency-the-kwacha/