WIRE — The Reserve Bank of Malawi (RBM)'s Monetary Policy Committee (MPC) on Thursday announced that it has maintained its policy rate—the rate which applies to lending by the central bank and influences commercial borrowing costs— at 24 percent. At its third MPC meeting of 2026, the central bank also resolved to maintain the Liquidity Reserve Requirement (LRR) ratio at 12 percent for local currency deposits and 3.75 percent for foreign currency deposits. To read more, click times.mw/etimes/
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