{"issue_text":"Whether the compensation/refund shall be paid in United States Dollars cash or payable at the interbank rate as at the date of payment","issue_type":"mixed","dispositive":"yes","related_facts":"Contract clause 3 specifies USD cash; transaction is domestic; exchange control regulations restrict foreign currency use"}
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background
Facts of the Case
Background
The defendant sold mining rights to the plaintiff for US$2,050,000. The transaction failed and parties agreed defendant would refund US$100,000. Dispute arose whether refund must be paid in USD cash or Zimbabwe dollars at interbank rate.
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