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Investor Presentaiton

IMPLICATIONS OF THE INTRODUCTION OF LOCAL CURRENCY ■ Strengthen demand for local currency and hence its value; Ensures adequate cash commensurate with the level of deposits and economic activity in the country; Restoration of confidence in the economy as measures yield positive results; ■The removal of the multi-currency system is expected to strengthen the interbank market, as more foreign currency is expected to be sold through formal channels; Reduction of the forex black market trading- rates have reduced since 24 June 2019 from as high as US$1: ZWL15 to US$1:ZWL7; Creates certainty which assists business in planning and decision making. Creates scope for increased economic activity.

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