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Tag: auction floor exchange rate

Posted inNews

Auction floor exchange rate not benefiting ordinary citizens: MP

by Mandla Tshuma 2nd August 20212nd August 2021

Dzivarasekwa Member of Parliament (MP) Edwin Mushoriwa has said the auction floor exchange rate which pegs the US dollar at just over ZWL$80 is not benefiting ordinary citizens, urging the government to look into the issue. While the official exchange rate between the greenbacks and the local currency stands at 1:85.6 according to the latest […]

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