Devaluation Archives

Malawi: Economic Difficulties in the Third Poorest Country

Jul 04, 2023 Burnett Munthali 0 &

Malawi is facing economic difficulties and ranks third among the poorest countries in the world. If we continue at this pace, we may soon become the poorest country of all. In fact, being in third… ...

Malawian Economist Dalitso Kabambe is aspiring for president

Malawi Government plotting huge devaluation of Kwacha

Jan 15, 2023 Malawi24 Reporter 0 &

Kabambe Former Reserve Bank of Malawi (RBM) Governor Dalitso Kabambe says the Lazarus Chakwera administration has introduced forex auction in order to silently devalue the Malawi Kwacha and blame the devaluation on the private sector.… ...

Devaluation does not work in Malawi – European Union

Nov 30, 2022 Russell Kondowe 0 &

European Union (EU) Ambassador to Malawi Rune Skinnebach has said that devaluation of currency is pointless in a country with low exports like Malawi. Skinnebach said this in Blantyre during a media interaction with journalists… ...