Zimbabweans told to defend and protect the local currency
President Emmerson Mnangagwa says there is no going back from the Zimbabwe dollar
03 January 2020 - 14:27
In a New Year message to the nation, Zimbabwe’s President Emmerson Mnangagwa told Zimbabweans to “defend and protect” the country’s currency from collapse in 2020 but insisted there will be no re-introduction of other currencies.
The Zimbabwe dollar, which is not recognised outside the country’s borders, was one of the worst-performing currencies in the world in 2019 after it plunged from 1:2.50, when it first started formal trading in February this year, to 1:15 on the interbank market...
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