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University economics professor says devaluation a necessary evil Malawi economy urgently needs Malawi 24 | Latest News from Malawi

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Professor of Economics at the Malawi University of Business and Applied Sciences (MUBAS) Dr Betchani Tchereni has welcomed Reserve Bank of Malawi (RBM) move to devalue the local currency by 44 percent arguing it reflects the true market value of the Malawi Kwacha on the ground. RBM devalued the Malawi Kwacha on Wednesday from K1, […]

The post University economics professor says devaluation a necessary evil Malawi economy urgently needs appeared first on Malawi 24.

Source: Malawi 24 | Malawi news

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