Parallel market rates hurt Zimbabwean economy - The Zimbabwe

Parallel market rates hurt Zimbabwean economy - The Zimbabwe Mail

GOVERNMENT should take bold steps to tackle the continued speculative parallel market activity whose obscene exchange rates are hurting the entire economy, economist and former Reserve Bank of Zimbabwe (RBZ) advisor, Mr Eddie Cross, has said. His sentiments come at a time when the black-market exchange rate, at around US$1:Z$200, is almost double the official…

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