The Malawi Government was a British colony and after independence the local currency, the Malawian Kwacha (MWK) up to 1973 played to the same level with the British Pound (GBP). From that time, the authorities used many policies for proper management of the economy. These include and not limited to the devaluation, floatation and exchange rates adjustments with the...
The Malawi Government was a British colony and after independence the local currency, the Malawian Kwacha (MWK) up to 1973 played to the same level with the British Pound (GBP). From that time, the authorities used many policies for proper management of the economy. These include and not limited to the devaluation, floatation and exchange rates adjustments with the...