ZIMBABWE’S foreign currency receipts increased 37,8 percent to US$6,1 billion over the nine months to September this year from US$4,4 billion during the same period last year, the Reserve Bank of Zimbabwe (RBZ) has revealed.
Advertisements
Addressing a parliamentary pre-budget consultation seminar in Victoria Falls last week, RBZ governor John Mangudya, said of the US$6,1 foreign currency receipts during the period under review, exports proceeds amounted to US$3,4 billion, diaspora remittance US$1 billion, non-governmental organisations US$708 million and loan proceeds US$729 m
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
Login if you have purchased