Malawi cuts policy rate in line with falling inflation

reserve-bank-malawi
The Reserve Bank of Malawi

The Reserve Bank of Malawi yesterday cut its policy interest rate by 2.5 percentage points to 22.5%, citing a downward trend in inflation – expected to hit an annual rate of 20.5% by year-end – and "projected relative stability in the exchange rate".

The move took the Lombard rate down from 27.0% to 24.5%. The monetary policy committee (MPC) maintained the Liquidity Reserve Requirement (LRR) and the daily observable LRR at 15.5% and 12.0%, respectively.

The major determinant of monetary growth

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.