Companies in quandary
…..suffers heavy exchange rate losses
LIVINGSTONE MARUFU Local companies have lurched into a quandary as a result of heavy exchange rate losses, due primarily to the excessive volatility of the local currency, the Zimbabwe Gold (ZiG), which plummeted to an all-time low against the greenback, Business Times can report. Yesterday, the value of ZiG has plunged to ZWG25.97:US$1 on the…
