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Home » FX distortions choke Willdale
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FX distortions choke Willdale

written by Mishma Chakanyuka, Staff Writer 0 comments
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BRICKMAKER Willdale says exchange losses amounted to 21 percent of its revenue during the year ended September 30, 2023, as its income continues to be impacted by distortions in exchange rates. Zimbabwe has continued to experience exchange rate distortions despite the fiscal and monetary authorities implementing measures to stabilise it. “Exchange losses amounted to 21…

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