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Forex auction here to stay: Mangudya

Governor of the Reserve Bank of Zimbabwe, John Mangudya.

Emmerson Njanjamangezi RESERVE Bank of Zimbabwe (RBZ) is going to continue with the foreign currency auction system as a dependable source of foreign currency for the productive sectors of the economy, governor John Mangudya has said. This comes amid calls for the central bank to return to the interbank market following a slew of allotment…

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