PRICES SPIKE AGAIN IN ZIM
A NEW wave of price hikes, triggered by the plummeting
local currency on the parallel market, has thrown many consumers off balance.
As of yesterday, the local currency was trading between $1
800 and $2 100 to the greenback on the black market against…
A NEW wave of price hikes, triggered by the plummeting
local currency on the parallel market, has thrown many consumers off balance.
As of yesterday, the local currency was trading between $1
800 and $2 100 to the greenback on the black market against the official rate
of $1 021.
The majority of workers earn in local currency, which they
have to sell on the black market to obtain the greenback