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Bank in fresh push for unified exchange rate

newsdepo.com · economy

The World Bank has prescribed a major reset of Malawi’s foreign exchange regime, proposing fiscal and monetary tightening before authorities unify exchange rates and move towards a market-determined system. In its biannual publication Malawi Economic Monitor (MEM) published last week, the World Bank has recommended laying the groundwork for exchange rate unification by tightening fiscal … The post Bank in fresh push for unified exchange rate appeared first on Nation Online .

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