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Home » ‘We have fuelled the black market’

‘We have fuelled the black market’

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FINANCE minister Mthuli Ncube says the emergence of the informal foreign exchange market has been driven by money supply growth that is not backed by United States dollar deposits. He said this scenario has been brought about by government’s unrestrained expenditure. Since 2016, parallel exchange rate premiums for the bonds notes and real time gross…

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