Forex gains yet to trickle to banks
Malawi’s improving foreign exchange position is yet to translate into consistent forex supply through authorised dealer banks (ADBs), with latest Reserve Bank of Malawi (RBM) data showing a sharp fall in foreign currency purchased from customers. The central bank’s Financial Market Developments Report shows that ADBs purchased $45.60 million from customers in August, down 48.5 … The post Forex gains yet to trickle to banks appeared first on Nation Online .