Zim dollar plunges
TANATSWA KANDENGA AND TENDAIISHE NYAMUKUNDA The local currency yesterday plunged to between ZWL$13 000 and ZWL$15 000 per dollar, its lowest level since roughly ZWL$8000:US$1 two weeks ago, despite government efforts to boost it,Business Times can report. Since businesses utilize the parallel market rate to price their products, this week’s sharp decline in…
