World Bank Warns Malawi on Forex Losses, Debt and Inflation
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The World Bank has raised the alarm over problems in how the Reserve Bank of Malawi (RBM) handles foreign currency, saying it is causing huge losses, more debt, and higher prices for everyday goods. According to the Bank, RBM’s operations in the foreign excWorld Bank Warns Malawi on Forex Losses, Debt and Inflation
The World Bank has raised the alarm over problems in how the Reserve Bank of Malawi (RBM) handles foreign currency, saying it is causing huge losses, more debt, and higher prices for everyday goods. According to the Bank, RBM’s operations in the foreign exchange (forex) market have put the central bank in trouble. To cover […] The post World Bank Warns Malawi on Forex Losses, Debt and Inflation appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more








