RBM Keeps Interest Rate at 24% While Tightening Bank Lending to Control Inflation and Stabilise the Economy
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The Reserve Bank of Malawi (RBM) has maintained its main interest rate at 24 percent, meaning borrowing costs will not rise for now, but at the same time it has taken steps to limit how much banks can lend in a move aimed at controlling inflation and stabilis
RBM Keeps Interest Rate at 24% While Tightening Bank Lending to Control Inflation and Stabilise the Economy
The Reserve Bank of Malawi (RBM) has maintained its main interest rate at 24 percent, meaning borrowing costs will not rise for now, but at the same time it has taken steps to limit how much banks can lend in a move aimed at controlling inflation and stabilising the economy. The decision, made by the […] The post RBM Keeps Interest Rate at 24% While Tightening Bank Lending to Control Inflation and Stabilise the Economy appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more
