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Home » Zim$ to tumble further

Zim$ to tumble further

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ZIMBABWE’S domestic currency will continue to devalue against major currencies due to lack of key reforms and government’s policy inconsistencies, analysts have said. The Zimbabwean dollar, which was hastily reintroduced last year, devalued by 64 percent over the last month and is expected to weaken further as the tobacco selling season ends and foreign currency…

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