RBZ's Gono warns on parallel market forces

Reserve Bank of Zimbabwe governor Dr Gideon Gono warned Thursday 22 March of the existence of "stronger forces" on the parallel market that are fuelling the slide of the Zimbabwe dollar against major currencies.

"What economic justification is there for us as a nation to propel ourselves down the cliff through wild parallel market exchange rates that are over 10 times higher than what is rationally justified from economic fundamentals like inflation differentials?

"Even if today the central bank

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