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Cross Border Traders Want RBZ To Avail Foreign Currency

5 years agoFri, 09 Nov 2018 13:56:03 GMT
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Cross Border Traders Want RBZ To Avail Foreign Currency

In an interview with The Herald, Cross-Border Traders’ Association president Killer Zivhu appealed to Reserve Bank of Zimbabwe Governor Dr John Mangudya to avail South African rands to its members to enable them to import goods.

He said if they obtaining foreign currency on the parallel market it will resulted in high prices. Said Zivhu:

Obtaining foreign currency on the parallel market has led to the creation of a vicious circle of high prices for the basic goods. An intervention by the authorities will ensure that the basic goods are available at affordable prices.

More: Herald

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