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Kwacha seen losing ground - The Times Group Malawi

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By Justin Mkweu & Yamikani Kachaje: Local unit, the Kwacha, continued losing grip on major trading currencies including the United States (US) Dollar, the Euro, and the South African Rand as demand for forex remained elevated. As of Friday last week, the Kwacha was trading at K823.39 from K820.29 the previous week. Figures sourced from …

The post Kwacha seen losing ground appeared first on The Times Group Malawi.

Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

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