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*'Businesses Should Not Increase Prices Based On Exchange Rate', Says Government* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?tf The government has said that it is not right for companies to increases prices based on the exchange rate. In her briefing after cabinet yesterday, Information, Publicity and Broadcasting Services Minister, Monica Mutsvangwa, said that government had noticed that businesses are raising prices based on exchange rate. The proper way, said the government, is for businesses to use the inflation rate. Said Mutsvangwa: ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- > A lot of our industry suppliers of goods and services in the country are raising prices because of the exchange rate on the market which is not the right way to do it. The correct approach is to ground price increases on inflation trends not the exchange rate. *Related:* *Retailers Hike Prices Of Basics* *Commodity Prices Go Up By 25-75% – Survey* *Liquid Telecom Introduces USD Pricing. Increases RTGS$ Prices* *Official Bank Rate & Black Market Exchange Rates Today – 2 April* *BREAKING: Govt Raises Fuel Prices, Again* More: The Herald itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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