Wednesday, May 9, 2012

Gotcha! Malawi delinks the kwacha

Malawi's new president Joyce Banda has ended the link of her country's currency, the kwacha, to the dollar. Like forward-thinking authorities all over the world, Banda is striving to achieve a valueless currency. The kwacha will now fluctuate in a relationship to other currencies to be known as "the banda."

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