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In a bid to tackle economic crisis, Zimbabwe devalues currency | IOL NewsZimbabwe's central bank began trading a sharply discounted replacement currency, attempting to ease a cash crunch that has hobbled the economy.
Source: IOL - 🏆 46. / 51 Read more »
Zimbabwe launches new currency measure in bid to ease economic crisis | IOL NewsZimbabwe has taken steps to address its worsening economic crisis by abandoning an official but artificial parity with the dollar.
Source: IOL - 🏆 46. / 51 Read more »
Cash-strapped Zimbabwe set to devalue its bond note currencyIMF technical team warns finance officials about added harm any new policy pronouncements may inflict on the battered economy
Source: BDliveSA - 🏆 12. / 63 Read more »
Zimbabwe’s central bank devalues local currencyThe trading rates will be published daily in banking halls and the media
Source: BDliveSA - 🏆 12. / 63 Read more »
New currency for Zimbabwe as foreign currency crisis deepensReserve Bank of Zimbabwe (RBZ) governor John Mangudya has introduced a new local currency - “RTGS dollars” - as the country's severe foreign currency crisis persists. Bitcoin? The Ministry InfoMinZW and ReserveBankZIM once denounced this when the media reported it, well I guess it’s time the people accept it.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Zimbabwe's new currency: the 'RTGS dollar'Meet the 'RTGS dollar' - Zimbabwe's de facto currency that was announced today.
Source: mailandguardian - 🏆 2. / 92 Read more »
Zimbabwe's new currency to trade at 2.5 vs US dollarZimbabwe's economy has been on a downturn for more than a decade with high inflation and cash shortages which forced banks to put a ceiling on withdrawals. How can the Zim dollar trade higher than the ZA rand? What smoke and mirrors trick are they trying to pull? Zimbabwe's new currency is the strongest in Africa as it stands... Lol U r misinformed
Source: eNCA - 🏆 49. / 51 Read more »
Zimbabwe launches new, discounted currency as banks reopenZimbabwe The Reserve Bank of Zimbabwe said on Wednesday it would scrap the official 1:1 peg between its quasi-currency bond note and the US dollar, creating a new parallel currency called RTGS dollars.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Zimbabwe's new currency expected to trade at 2.5 vs US dollar - cbankThis is a significant devaluation as the regulator attempts to stem chronic cash shortages. 2.5 to the Dollar? That’s a bit ambitious.... Aaa hahahah How’s that possible
Source: ewnupdates - 🏆 30. / 53 Read more »
Zimbabwe's new currency to trade at 2.5 vs US dollarZimbabwe's economy has been on a downturn for more than a decade with high inflation and cash shortages which forced banks to put a ceiling on withdrawals. professy92 And within a month it will be trading at 1:1 000 000 000 Um What
Source: eNCA - 🏆 49. / 51 Read more »