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The New Monetary Policy And Foreign Currency Inflows In Zimbabwe
The study entails a review of the impact of new monetary policy on foreign currency inflows for the past decade. The New Monetary Policy is the monetary policy in the context of the monetary authorities activities during the period 2003 to 2009, as the country wrestled with economic challenges that troubled the nation that period. The government then implemented various reforms. The results show that the new monetary policy had an effect on the performance of the key sectors. This resulted in the low export performance and hence low foreign currency inflows into the country. The study recommends strong implementation of the conventional monetary policy, versus the new monetary policy.
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