Zimbabwe’s diaspora remittances surge as lockdowns forced use of official channels
Harare — Zimbabwe's central bank governor John Mangudya said on Thursday official remittances from the diaspora were up 45% during the January-September period from 2019 at $657.7m as Covid-19 lockdowns forced people to send cash home via official channels.
Diaspora remittances are an important source of foreign exchange for Zimbabwe, which is in the grip of its worst economic crisis in more than a decade that has seen worsened dollar shortages...
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