The Reserve Bank of Malawi has put a cap on how much foreign exchange one is permitted to possess without seeking approval to $1,000 (or about K1.75 million) or its equivalent in another foreign currency.
This is contained in a Foreign Exchange (Limit on Physical Possession of Foreign Currency) Notice for 2026, made on September 7 and published in the Malawi Government Gazette on September 18.
Read more click:- https://times.mw/etimes/
