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newzimbabwe - 12 days ago

Workers, pensioners lose 400% of their earnings in over a week – ex-finance mi parallel market rate breaches $4 000

By Anna Chibamu PENSIONERS and workers have lost 400% of their earnings in 10 days as the Zimbabwe currency continues to tumble, former Finance minister Tendai Biti has said. The ZWL dropped by almost 26% on the official market Tuesday, the biggest collapse in one day since the introduction of the Foreign Exchange Auction System The post Workers, pensioners lose 400% of their earnings in over a week – ex-finance mi parallel market rate breaches $4 000 appeared first on NewZimbabwe.com.


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