‘We have fuelled the black market’

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…

Subscribe to read full article. Subscribe today

Related posts

Zim 2026 Central Budget panned

SOSES launches next week

World Bank gives thumbs up to Zim reforms

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More