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Mthuli Ncube’s quotes on currency reforms . . .

NewsDay Staff ·

“Replacing the multi-currency regime anchored in the United States dollar by the South African rand as the sole transaction currency would help reduce over-valuation and stimulate exports and growth. Under any currency regime, Zimbabwe needs to adhere to sound macro-economic policies, avoid overspending on public wages and create environment conducive for investment,” Mthuli said in a working paper series titled The Real Exchange Rate and Growth in Zimbabwe: Does the Currency Regime Matter?

Compiled by Lisa Tazviinga

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