Malawi’s forex reserves in ‘worrying state’ –Alliance Capital
Malawi’s foreign exchange reserves continue to dwindle, a situation continue market analysts have described as worrying, according to the latest market weekly review produced by Alliance Capital Limited. The Malawi Kwacha also depreciated from MK328.60 to MWK 329.10 against the US Dollar representing a 0.2 percent loss. “The erratic rain pattern being experienced in the country may negatively affect […]