RTGS$ is our domestic currency: Ncube

FINANCE minister Mthuli Ncube yesterday told Parliament that his midterm budget statement earmarked for July will be announced in RTGS dollars as opposed to United States dollars which was the currency used to announce this year’s national budget.

He said this in the National Assembly while taking questions from MPs on why he named Zimbabwe’s currency RTGS$ when worldwide it is known as virtual currency (real time gross settlement).

Mpopoma Pelandaba MP Charles Moyo (MDC Alliance) described the decision as embarrassing.

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