Africa FX News: Latest on Zimbabwe's New Currency


ZIMBABWE-ECONOMY-CURRENCY

Photographer: Jekesai Njikizana/AFP via Getty Images

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Zimbabwe has sufficient foreign currency reserves to sustain the reintroduced foreign currency auction system, the state-run Sunday Mail reported, citing Central Bank Governor John Mangudya.

Mangudya said local lenders have almost $1 billion in their Foreign Currency…



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