Source: ‘Zimbabwe’s liquidity to improve on strong rand’ | The Financial Gazette February 22, 2018
ZIMBABWE’S balance of payments is anticipated to improve on the back of a strong South African rand and weakening US dollar, as the gap between virtual money and hard cash is set to narrow, a United Kingdom-based think-tank has predicted.
Renaissance Capital Global chief economist, Charlie Robertson, said Zimbabwe was set to become the biggest beneficiary of the strong rand, which has been appreciating following the swearing in of Cyril Ramaphosa as South Africa’s president.
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