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RBZ denies Zim$ devaluation claims

Reserve Bank of Zimbabwe governor, John Mangudya

THE Reserve Bank of Zimbabwe last night dismissed social media reports that it had devalued local currency. In a statement, central bank governor John Mangudya said the public should disregard “with the contempt it deserves, the false and mischievous article”. “The intention of such disinformation is to cause panic and despondency, and ultimately destabilise the…

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