Kwacha down by 107% since May

From Face of Malawi Thu Jan 3 2013, 03:30:18

The Malawi kwacha exchange rate to the United States dollar closed the year 2012 at an average price of K346, down from K167 on December 312, 2011, The Daily Times has established. On the black market, the US dollar was trading at rates as high as K360 by December 31 as demand for foreign currency [...]

[view whole blog post ]
 See More    |     Report Abuse


You might also be interested in the following news stories:

Liberia:   U.S. Sending 3,000 Troops in Expanded Ebola Effort (news)
Voice of America
16 September 2014

President Barack Obama is due to announce new measures Tuesday to help fight the worst-ever Ebola outbreak in West Africa, including sending 3,000 U.S. troops to the region. [read more]

South Sudan:   Govt Announces Ban On Foreign Workers (news)
Voice of America
16 September 2014

South Sudan has ordered NGOs and businesses operating in the country to fire foreign workers by mid-October and give their jobs to South Sudanese. [read more]

Africa:   Tracing the Oil Money (news)
AfricaFocus
16 September 2014

From 2011 to 2013, the governments of [ten oil-producing African countries] sold over 2.3 billion barrels of oil. These sales, worth more than $250 billion, equal a staggering 56 percent of their ... [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!