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Home » ‘Forex auctions will not save Zim dollar’

‘Forex auctions will not save Zim dollar’

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ZIMBABWE’S foreign currency auctions, which have seen the local dollar trading at 57 to the greenback, are unlikely to save the local unit from its plunge, as a number of factors remain unresolved, analysts say. This also comes as parallel market rates have actually increased to a range of $90 to $120 for a single…

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