Thursday 17 January 2019
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businessdaily - 6 month ago

Net foreign currency inflows surge

ZIMBABWE S net foreign currency inflows surged over 1 700 percent to $192,4 million in the first quarter, buoyed by tobacco earnings, latest central bank data indicates.As Society for Worldwide InterBank Financial Telecommunications (SWIFT) foreign currency payments increased six percent to $970 million during the quarter ending March 31, 2018 from $920 million in the quarter to December 31, 2017,...

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