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Home » RBZ tames volatile currency parallel market
National Report

RBZ tames volatile currency parallel market

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RBZ governor John Mushayavanhu
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AUTHORITIES say the gap between the official exchange rate and the parallel market has narrowed sharply to 20 percent, marking a milestone in the stabilisation of the ZiG. This comes after the country experienced sharp exchange rate spikes in 2024, prompting the government to introduce the gold-backed ZiG currency, which has remained stable for over…

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