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*RTGS Dollar Weakens On Interbank Market* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?lg Zimbabwe’s new currency, the RTGS dollar traded at its lowest against the US dollar on the interbank market on Thursday, since it was introduced. According to official data from the Reserve Bank of Zimbabwe (RBZ) the RTGS dollar traded at 2.7 against the U.S. 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 ---------- The country abandoned the discredited 1:1 dollar official peg on Feb. 20 when the RBZ governor announced the Monetary Policy Statement (MPS). Since then, the bond notes and electronic dollars into a transitional currency called the RTGS dollar. The value of the RTGS dollar had held unchanged at 2.5 to the U.S. dollar since Feb. 22, leading to accusations the central bank had fixed the exchange rate. RBZ governor John Mangudya told parliament on Monday that he expected the RTGS dollar to weaken further by the time important tobacco auctions open next Wednesday. *Related:* *RTGS Dollar To Weaken Ahead Of Tobacco Auction – RBZ* *More: Reuters* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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