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Tag Archives: Stop Foreign Currency

Zimbabwe’s President Orders Central Bank To Stop Foreign Currency Borrowing

Zimbabwe’s President Emmerson Mnangagwa has ordered the central bank to stop foreign currency borrowing, as the government battles to contain a plunge in the local currency ahead of a general election. Mnangagwa faces a tough bid for re-election in a 23 August vote amid surging inflation and a Zimdollar that …

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