The embargo against the former Rhodesia during 1976-1978 and the discontinuance in 1978 of the agreement with South Africa for miners &apos; remittances to be paid directly to the central bank in gold valued at 1973 prices deprived the Government of a stable source of foreign exchange and contributed to the growing external imbalances.
The embargo against the former Rhodesia during 1976-1978 and the discontinuance in 1978 of the agreement with South Africa for miners &apos; remittances to be paid directly to the central bank in gold valued at 1973 prices deprived the Government of a stable source of foreign exchange and contributed to the growing external imbalances.