#Monetary Policy Updates: Mangudya Says Nothing Has Changed Duty Will Still Be Paid In Forex

By Garikai Dzoma|2020-02-17T08:52:17+02:00February 17th, 2020|0 Comments

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Despite him saying de-dollarisation is working the Reserve Bank of Zimbabwe governor John Mangudya says that nothing has changed when it comes to the payment of duty in foreign currency.

Mangudya: The RBZ has no intention of changing current arrangements regarding free forex funds in the economy.
Exceptions on the use of free funds in the economy, duty payments as well as some commodity purchases should not be construed as re-dollarisation

— newZWire (@newswireZW) February 17, 2020