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*Government to tighten Forex regulations, Chinamasa* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?jg The Zimbabwean Government says it will tighten regulations because the market for foreign exchange is currently “an over liberated”. The country will move to a controlled forex market to curb cash leakages said Patrick Chinamasa the Finance and Economic Development Minister. The move has been announced as the government prepares to introduce Bond Notes, a local currency that the government says will be pegged to the value of the US dollar. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- During Zimbabwe’s hyperinflation period between 2003 and 2009, the country introduced tight exchange regulations which at one point resulted in several business people being arrested or threatened with arrest for “externalising foreign currency”. More: ZBC Online _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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