In a statement last night, RBZ governor John Mangudya said the Monetary Policy Committee (MPC) yesterday resolved to sell foreign currency on the market-determined exchange rate as demand for hard currency was on the increase.
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RBZ to sell forex at market-determined rate

THE Reserve Bank of Zimbabwe (RBZ) will from today sell foreign currency using a market-determined exchange rate through banks. This comes as the Zimbabwe dollar yesterday plunged by almost 70 percent against the greenback at the Dutch foreign exchange auction system, trading at $3 673 against the United States dollar. In a statement last night,…

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