Home » Tobacco farmers fret over exchange gap

Tobacco farmers fret over exchange gap

0 comments

TOBACCO farmers say they are losing out on their earnings due to the disparity between official foreign currency exchange rate and parallel market rate. The farmers surrender 40 percent of their foreign currency earnings to the Reserve Bank at the auction rate currently hovering around US$1 to $84. On the parallel market the greenback is…

Subscribe to read full article. Subscribe today

Related Posts

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

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