Billion-dollar loans used to manipulate exchange rate - The Herald

Fifteen major companies have been creating huge extra profits by borrowing billions of dollars, often from several banks, at concessionary interest rates, stocking up and then selling in US dollars and Zimbabwe dollars using black market exchange rates, so dr…

The Herald Blessings Chidakwa-Herald Reporter Fifteen major companies have been creating huge extra profits by borrowing billions of dollars, often from several banks, at concessionary interest rat… [+5859 chars]

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