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Tobacco sales give currency a boost

Traders in Zimbabwe have reported that improved cash inflows from tobacco sales, a mainstay of the country's economy, should reduce chronic hard currency shortages as the month progresses, Reuters reported on Monday. The Zimbabwe dollar closed unchanged on Monday at 38.10 against the US dollar and rose to 40.61 to the euro against 40.82 last Friday.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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