Zimbabwe's new currency to trade at 2.5 vs US dollar

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Zimbabwe's new currency to trade at 2.5 vs US dollar eNCANews eNCAOnline Courtesy DStv403

Source: Financial Digest (financialdigest.net)

 

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Here we go again. NOT sustainable.

_noisyneighbor this is zimbabwe everything is possible kkkkk

Rina manyanga hariputirwe

One of the strongest currency in africa😂😂

Can somebody please enlighten me, what does this mean?

Only in Zimbabwe where a money transfer system (RTGS) is regarded as currency

Jst bcoz they dont want to adopt the Rand as their currency. It will fail as well

On the streets you can already get better than 5:1

Ooh this is what CharityMaodza and nicolehondo were talking about. Its good news for Zim. I hope that's the rate that will be used in the streets

😂 Zimbabwe are in the middle of a 40 year economics lesson.

The parallel (black) market has it at this rate: *NB. The following is a copy and paste message from a WhatsApp platform. '🇱🇷🇱🇷BUYING USD 390/100us ECOCASH or 350bonds 🇱🇷🇱🇷 BYO DEALS BYO DEALS 🇿🇦🇿🇦RANDS AVAILABLE FOR USD 1400/100us 🇿🇦🇿🇦' 🤔🤔🤔

The US dollar is not backed by anything but paper, why undermine your currency like this? Does Zimbabwe not have anymore natural resources?

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

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