Reserve Bank of Malawi

Open Market Operations (OMO)

Open Market Operations (OMO) Auction Results

Open Market Operations (OMO) Auction Notice

Exchange RatesOct 22, 2020

Currency Buying Selling
EUR 883.3664 901.0319
GBP 979.5872 999.1769
USD 745.8975 760.8139
ZAR 45.5785 46.4900

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Inflation Rates (%)Overall

12-Month 7.60 Aug - 2020
Non-Food: 4.40 Food: 11.30

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Bank Rates

Effective Month
Bank Rate 13.50 May 2019
Reference Rate 13.40 Aug 2020
Lending Rate (Min) 13.20 Apr 2020
Lending Rate (Max) 25.35 Jan 2020
Savings Deposit Rate 4.47 Oct 2019

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