Friday 16 November 2018
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zimeye.net - 8 days ago

Did Mangudya Say Bond Is Not The Problem?

RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday defended the use of bond notes, saying the real cause of problems facing the economy was not the surrogate currency, but ballooning electronic balances, which are not backed by productive fundamentals. Rejecting calls from legislators that bond notes be scrapped as they “have failed,” Dr [ ]

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