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EFE Securities

5 years ago

Weekly Reports

Weekly -22.02.2019

ZSE shares were on the rebound in the week under review as the market received the much-awaited Monetary Policy Statement from the central bank. The MPS came as the economy was in the throws of crippling foreign currency shortages, brought in interventions in the currency market by officially Zimbabwe’s surrogate currency to the basket of currencies in the multicurrency system, having declared it the official reporting currency, and announced the launch of the interbank foreign currency market.