UPDATE 1-Zimbabwe to switch to managed float exchange rate in latest move
10 Mar UPDATE 1-Zimbabwe to switch to managed float exchange rate in latest move
Posted at 10:32h
in
News
by KMFSLLP
Zimbabwe will adopt a “managed
float” exchange rate regime, Finance Minister Mthuli Ncube said
on Wednesday, abandoning strict control of foreign exchange by
the central bank in the latest in a series of currency reforms
that have so far failed.
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