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Parly summons Mthuli over high inflation

NewsDay Staff ·

Parly summons Mthuli over high inflation

PARLIAMENTARIANS have summoned Finance minister Mthuli Ncube to explain what measures he was implementing to tame inflation and stabilise the free-falling Zimdollar.

The local currency, reintroduced in 2019, has been on a free-fall, pushing up the cost of living and piling more misery on long-suffering Zimbabweans.

The Zimbabwean dollar is currently trading at between $2 500 and $2 700 to the greenback at the black market where the majority of citizens get foreign currency.

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