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Exchange rate to stabilise next month — Mangudya

John Mangudya, outgoing Reserve Bank of Zimbabwe governor

Brandon Josphat AUTHORITIES are optimistic that the official exchange rate and the parallel market rate will stabilise starting next month, as the tobacco season continues amid hope prices of basic goods will also stabilise. This comes as official and parallel market rates, which nearly converged last year, are now beginning to widen at an alarming…

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