‘Forex auctions will not save Zim dollar’

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…

Subscribe to read full article. Subscribe today

Related posts

Diesel use hits 1,47 billion litres in 2025

‘MPS has to sustain growth of economy’

Court global capital, miners told

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