RBZ investigating currency manipulation
1 min readPatriots Reporter
The Reserve Bank of Zimbabwe has said its Financial Intelligence Unit is investigating allegations of currency manipulation and pegging of the Zimbabwean Dollar ZW$ at 200 to 1 USD. This follows receipts circulating on social media where bread price in USD and ZW$ shows an exchange rate 2.25 times the official auction rate.
The Central Bank says perpetrators shall be brought to book.
The RBZ thanked the alert public for exposing the illegalities.
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