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Storm brews over nostro accounts

An adviser to government on the ease-of-doing business, Ashok Chakravarti, called for an investigation into the externalisation of funds, as it had emerged that US$5 billion could have been siphoned out of the country since dollarisation in 2009.

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Focus on stabilisation of exchange rate: Economist

PROMINENT economist and former Government advisor, Professor Ashok Chakravarti, says efforts should now be redirected at stabilising the exchange rate to protect the value of the Zimbabwean dollar and stimulate production.

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RTGS$ weakens 16% in first month

Economist Ashok Chakravarti said every new market takes time to settle in order to be fully functional, which is why the market was performing the way it was. But he called on the market to be free of controls that were determined by traders.

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How a ‘giant Ponzi scheme’ destroyed Zimbabwe’s economy

“It was a Ponzi scheme in the past,” said Ashok Chakravarti, an economist and lecturer at the University of Zimbabwe. “Especially in the Gono era, where that chap just kept printing money.” Gono didn’t answer a call to a mobile phone number he has used in the past.

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Prof Chakravarti on inter-bank Forex exchange market

Prof Chakravarti unpacks the operations of the inter-bank Forex exchange market

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Tendai Biti and Ashok Chakravarti On Monetary Policy [FULL PODCAST]

On this edition of The Platform former Finance Minister Tendai Biti and Economist Ashok Chakravarti join Larry Kwirirayi in studio for their no-holds-barred reaction to the Reserve Bank of Zimbabwe Monetary Policy Statement

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New policy to kill forex black market

Economic consultant and University of Zimbabwe lecturer Professor Ashok Chakravarti said; “This is an extremely important development, which was essential in ensuring that the Transitional Stabilisation Programme can be achieved because on the fiscal side

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