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Home » ‘Zim dollar return worsens forex crisis’

‘Zim dollar return worsens forex crisis’

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PACKAGING materials producer Nampak Zimbabwe (Nampak) says the recent reintroduction of the Zimbabwean dollar as the sole currency has worsened the country’s foreign currency shortages. The country — whose government banned a multi-currency system — is experiencing an acute foreign currency shortage, which has been caused by a persistent trade deficit and waning investor confidence,…

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