Foreign currency receipts rise to US$5,5bln in H1

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ZIMBABWE’S foreign currency receipts increased to US$5,45 billion in June, a 33,6 percent increase from US$4,07 billion recorded during the same period last year, the Reserve Bank of Zimbabwe (RBZ) has said.
In a Monetary Policy Statement last week, the RBZ governor John Mangudya said the country’s diaspora remittances reached US$797 million in the first six months of the year, representing a 23 percent increase in the corresponding period last year.