Tag: devalue

Reserve Bank f Malawi’s statement on Kwacha devaluation

Published on May 7, 2012 by FACE OF MALAWI

The Reserve Bank of Malawi (the Bank) has today 7 May 2012 devalued the Malawi kwacha exchange rate from K168 […]

IMF calls on Malawi to devalue currency

Published on April 4, 2012 by FACE OF MALAWI

BLANTYRE, Malawi (AP) — The International Monetary Fund is calling on impoverished Malawi to devalue its currency. Tsidi Tsikata, chief […]

IMF insists on kwacha devaluation

Published on April 1, 2012 by FACE OF MALAWI

The International Monetary Fund (IMF) has stuck to its guns on the value of the Malawi kwacha, saying its assessment […]

Devaluation is ‘too little, too late’ to save Malawi

Published on August 10, 2011 by FACE OF MALAWI

By Our Correspondent A devaluation that is designed to cheapen a nation’s currency and thereby increase its exports at other […]

MALAWI DEVALUES KWACHA BY 10% AGAINST A U.S. DOLLAR, CENTRAL BANK

Published on August 8, 2011 by FACE OF MALAWI

Malawi’s bicentric slope baritone its currency by 10 proportionality after a revilement in external assistance worsened shortages of render as […]