Exchange rate disparities threaten Zimbabwe's economy

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  • Source:
    BBC Monitoring International Reports, January 14, 2023 Africa, 2pp
  • Additional Information
    • Abstract:
      Text of report by state-owned Radio Zimbabwe on 13 January [Presenter in Shona] Illegal foreign currency deals that have resulted in exchange rate disparities in recent weeks are once again threatening Zimbabwe’s economic stability which has been prevailing since the second half of last year. [Reporter in Shona] Economic experts say Treasury and the central bank need to urgently intervene and end illegal transactions on the parallel market which have affected the Zimbabwe dollar and the exchange rate markets...