The Central Bank’s key rate has briskly crossed 200% and the Zimbabwean dollar has lost 72% of its value against the dollar in 7 months 1 USD = 361.9 ZWD] Zimbabwe sees its inflation rate peak at 256.9% in July against 191.6% in June. The former Southern Rhodesia, freed from Apartheid by Robert Mugabe in…...
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In Zimbabwe, inflation peaks at 259%
Finance Minister Mthuli Ncube has argued that dollarising the economy in Zimbabwe is a “bad idea”. But until when ?
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