Interest Rate Cut: What It Means for Ordinary Malawians
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When news came out that the Reserve Bank of Malawi had reduced the policy interest rate from 26 percent to 24 percent, many ordinary Malawians did not immediately understand what it meant. At the Area 25 market in Lilongwe, 28-year-old watermelon seller Mike
Interest Rate Cut: What It Means for Ordinary Malawians
When news came out that the Reserve Bank of Malawi had reduced the policy interest rate from 26 percent to 24 percent, many ordinary Malawians did not immediately understand what it meant. At the Area 25 market in Lilongwe, 28-year-old watermelon seller Mike Chikopa was packing his fruits after a slow day. He had managed […] The post Interest Rate Cut: What It Means for Ordinary Malawians appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more
