Reserve Bank of Malawi has inadequate foreign exchange reserves

The Reserve Bank of Malawi (RBM) has admitted that the country is currently possessing inadequate foreign exchange reserves as compared to the past two years. Speaking in an interview with Radio Islam, RBM Spokesperson Onelie Nkuna says theĀ  foreign exchange reserve have been lower due to the covid 19 which resulted in lower export earnings, … Continue reading Reserve Bank of Malawi has inadequate foreign exchange reserves