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Home » NTS bemoans chronic foreign currency shortages

NTS bemoans chronic foreign currency shortages

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NATIONAL Tyre Services (NTS) says foreign currency shortages for the importation of new tyres from China and India continue to negatively impact margins.

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Though the Reserve Bank of Zimbabwe re-launched the foreign currency auction system two years ago in an effort to avail cheap hard currency to industry, local companies continue to grapple with shortages of the greenback.

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