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Fear of Inflation and Currency Devaluation Driving Price Hikes in Malawi

Summary by Face of Malawi

Speculation surrounding inflation and potential currency devaluation is significantly contributing to rising prices of goods and services in Malawi, financial experts have warned. This concern was raised during an engagement between the Reserve Bank of Malawi (RBM) and members of the Nyika Media Club in Mzuzu, where central bank officials highlighted the impact of misinformation on economic stability. Director of Financial Markets at the RBM, Ch…

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Fear of Inflation and Currency Devaluation Driving Price Hikes in Malawi

Speculation surrounding inflation and potential currency devaluation is significantly contributing to rising prices of goods and services in Malawi, financial experts have warned. This concern was raised during an engagement between the Reserve Bank of Malawi (RBM) and members of the Nyika Media Club in Mzuzu, where central bank officials highlighted the impact of misinformation on economic stability. Director of Financial Markets at the RBM, Ch…

12 days ago·Malawi

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Face of Malawi broke the news in Malawi 12 days ago on Tuesday, February 11, 2025.

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