Business backs government in war on forex sins

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BUSINESS is fully behind the measures being taken by the Reserve Bank of Zimbabwe (RBZ) as it fortifies its push to rein in the parallel foreign exchange market, to further stabilise the country’s recovering economy.

Among the concrete steps that the central bank is taking to deal with unscrupulous traders who are undermining confidence in the Zimbabwe dollar — which has been relatively stable in recent months — include tightening money supply and mobilising resources to clear disbursement delays at the forex auction system.