Monday 18 January 2021
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insiderzim - 4 days ago

Zimbabwe records fourth straight monthly trade surplus

Zimbabwe recorded its fourth straight trade monthly surplus in November as Finance Minister Mthuli Ncube’s steps to devalue and stabilize the local currency started showing some positive results for exports. Shipments rose 20% to US$528.9 million in November, thanks to increased manufacturing and higher gold, tobacco and nickel sales. The government started regular foreign-currency auctions... The post Zimbabwe records fourth straight monthly trade surplus first appeared on The Insider.


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