CONSUMER PRICES DROP, STABILISE

Some local consumer prices marginally fell this week for the first time in months as declining costs for foreign exchange offset rising prices after the central bank ditched the fanciful greenback bond note peg.

This comes after Zimbabwe’s quasi …

Some local consumer prices marginally fell this week for the first time in months as declining costs for foreign exchange offset rising prices after the central bank ditched the fanciful greenback bond note peg. This comes after Zimbabwe’s quasi currency known as bond notes was no longer deemed 1:1 with the trade-weighted US dollar, with the Reserve Bank of Zimbabwe (RBZ) devaluing the bond