The Reserve Bank of Malawi (RBM) has resolved to maintain the policy rate—also known as the bank rate—at 13.5 percent and and the Lombard Rate at 0.4 percent above the Policy Rate. Addressing a news conference held at the RBM headquarters in Lilongwe, RBM Governor Dalitso Kabambe said central bank’s Monetary Policy Committee (MPC) made the […]
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