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Shortare forex

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6000. Zimbabweans have found a way to execute transactions, especially those that require foreign currency and forex indicatore posizioni aperte cesto iexposure this has come in the form of bitcoins, to which there has been overwhelming response and interest by traders. On visits to several areas of the country, he has been at pains to stress unity among the many ethnic groups and has promised to expand political and civil rights, though he said in public addresses that Ethiopians must give him time to take these. Golix exchange platform in Zimbabwe.

President Robert Mugabes government says it is working hard to turn around the economy but blames social media for spreading falsehoods that distort exchange rates and falsely inflame commodity shortages. 16 that the year on year inflation rate for the month of September 2017 as measured by the all items Consumer Price Index (CPI) stood.78 percent, gaining.64 percent on the August 2017 inflation rate.14 percent. Addis ababa (Reuters) - Ethiopias new prime minister said on Monday that a foreign exchange shortage will last for years and more cooperation with the private sector is essential to solve it, state television reported. Harare, Zimbabwe, interest in bitcoin trade is soaring in Zimbabwe and so is the price of the crypto-currency, which hit new record highs of nearly 10 000 earlier this month in a worsening economy that the government is struggling to turn around. Importers and individual traders still have to mobilize foreign currency through their own means and mostly on the parallel markets as the central bank is failing to enable payments to international suppliers and creditors and this has stoked up inflation, say economists. Ethiopia has recorded average annual economic growth of about 10 percent for the past decade, the fastest in Africa.

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