Local currency, the Kwacha, has depreciated by 24.7 percent since the beginning of this year to K1, 026.16 against the Dollar as at May end from K822 in January. This is according to Bridgepath Capital Weekly Financial Market update for the week ending June 3 2022. The report, however, says that week on week, the …
The post Kwacha drops by 24% since January appeared first on The Times Group Malawi.