News / Local
Zimbabwe preparing yet another round of Zimdollar reforms
06 Feb 2024 at 05:54hrs | Views
Government is preparing yet another round of currency reforms, President Mnangagwa told Cabinet today.
The Zimdollar is down over 90% since last year and the USD now dominates over 80% of transactions due to the collapse of public confidence in the Zimdollar.
Mnangagwa said soon the authorities will be announcing the way forward.
The Zimdollar is down over 90% since last year and the USD now dominates over 80% of transactions due to the collapse of public confidence in the Zimdollar.
Zimbabwe is preparing yet another round of currency reforms pic.twitter.com/WFqXA9oPPo
— Bulawayo24 News (@Bulawayo24News) February 6, 2024
Source - newzwire