TNT Harambe:Zimbabwe Govt Under Pressure Over Runaway Parallel Exchange Rate | AllAfrica (10/8/21) The government has not yet found a way around the runaway parallel foreign currency exchange rate which continues to pile pressure on macro-economic measures put in place to control inflation and currency stability. In a statement Thursday, Minister of Finance and Economic Development, Professor Mthuli Ncube confirmed that the government was worried by illegal foreign currency trading and parallel market benchmarking of prices. He announced additional measures meant to curb the runaway parallel exchange rate. “The Zimbabwe Revenue Authority will be carrying out impromptu audits of corporate…
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