Tag: Devaluation
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Kwacha down by 107% since May
The Malawi kwacha exchange rate to the United States dollar closed the year 2012 at an average price of K346, down from K167 on...
Malawi could have become a failed state without devaluation
Historic relations between Great Britain and Malawi hit its lowest ebb when former President Bingu wa Mutharika expelled Her Majesty's top envoy in Lilongwe...
Let the kwacha remain floated
Last week's revelation that government is considered reverting to a fixed exchange rate has attracted a lot of comments in local and international...
Maize prices up 47% since Bingu wa Mutharika’s death
The World Bank has revealed that maize prices in Malawi went up by 47 percent between April and July this year, adding up...
IMF Executive Board Approves New US$ 156.2 Million Extended Credit Facility Arrangement for Malawi
The Executive Board of the International Monetary Fund (IMF) today approved a new three-year arrangement for Malawi under the Extended Credit Facility (ECF)...
