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‘Money supply growth to blame for forex premiums’

by www.herald.co.zw
Business Reporter The mis-match between the supply and demand for foreign exchange, has led to the emergence of foreign exchange premiums in the market, Finance and Economic Development Minister Patrick Chinamasa has said. Presenting his 2018 National Budget, Minister Chinamasa said the continued financing of the country’s budget deficit with Treasury Bills is untenable. “Money creation,...
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