Sunday 18 November 2018
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chronicle - 24 days ago

Black market rates nosedive 1:1,5

Patrick Chitumba, Midlands Bureau Chief PARALLEL market rates further plummeted to as low as US$1:RTGS/Bond1,5 this week from a peak of 1:6 in the last two weeks as Government forges ahead with implementing measures to stabilise the economy. Government has guaranteed the 1:1 convertibility value of Real Time Gross Settlement (RTGS) balances into the United [ ]

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