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RBM Governor Defends 2024 – 44% Devaluation

Mt Soche Hotel, Blantyre

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May 23, 2025

RBM Governor Defends 2024 – 44% Devaluation

Governor of the Reserve Bank of Malawi Dr Mafuta Mwale has defended the decision to devalue the local currency by 44% which happened last year, saying it was necessary at that time looking at the prevailing situation. Dr Mwale said this on Tuesday, 20th May 2025 at the 6th All-Inclusive Stakeholders Conference organized by a […]

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