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  • Exchange rate worrisome

Exchange rate worrisome

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The adjusted exchange rate allows Zimbabwe economy to tick

Byron Adonis Mutingwende7 years ago06 mins

By Elvis Dzvene Zimbabwe’s new fiscal and monetary measures have left the economy in a state of extreme confusion, fuelling inflation rate to fluctuate above 200%. On October 1, Finance Minister Mthuli Ncube and the Reserve Bank of Zimbabwe Governor John Mangudya raised tax on electronic transactions to 2% from a flat five cents per…

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