Reserve Bank of Malawi maintains policy rate at 13.5%
newsare.net
Reserve Bank of Malawi (RBM) has maintained the policy rate at 13.5 percent, a move done in view of emerging upward risks to the medium-term inflation path. Newly-appointed RBM Governor, Wilson Banda, announced this on Friday that the Monetary Policy CommiReserve Bank of Malawi maintains policy rate at 13.5%
Reserve Bank of Malawi (RBM) has maintained the policy rate at 13.5 percent, a move done in view of emerging upward risks to the medium-term inflation path. Newly-appointed RBM Governor, Wilson Banda, announced this on Friday that the Monetary Policy Committee (MPC), which he chairs, adopted policy stance as Covid-19 is hitting hard the economy. In […] The post Reserve Bank of Malawi maintains policy rate at 13.5% appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more