THE Reserve Bank of Zimbabwe (RBZ) says the challenges encountered by formal business operators regarding the statutory 10 percent trading margin on the official exchange rate for instore use will no longer be an issue following the introduction of a much stable new local currency, the Zimbabwe Gold (ZiG).
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Government through a Statutory Instrument 118a of 2022 instructed businesses to use an instore exchange rate that is 10 percent below or above the official exchange rate that was meant to cushion consumers from exchange rate fluctu
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