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Zimbabwe Central Bank Revises Year-end Inflation Forecast Upwards as Currency Weakens

Zimbabwe Central Bank Revises Year-end Inflation Forecast Upwards as Currency Weakens
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Zimbabwe c bank revises year-end inflation forecast upwards as currency weakens

Zimbabwe's annual inflation rate could end the year between 35% and 53%, up from an earlier estimate of 25% to 35%, the central bank said in a statement shared with reporters on Monday, as the local currency has dropped sharply on the black market.

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