To issue legal tender currency in Malawi The RBM is the only institution that is legally authorised to produce statements that can be used as final means of payment for goods and services within the borders of the country. 3. Preserving the value of the Kwacha both externally and internally The Reserve Bank ensures that the exchange rate is stable at all times.
Still, we will need to be alert to any tendencies for movements in prices for commodities and assets to result in a sustained increase in inflation and inflation expectations; unanchored inflation expectations would ultimately destabilize output and undermine our ability to foster higher levels of employment.