Former Zimbabwean finance minister Tendai Biti has accused the country’s  monetary authorities of manipulating the currency’s exchange rate, which has maintained some form of stability, trading at about $1 to 80 Zimbabwe dollars (ZWL) over the past month.

Zimbabwe restored its local currency in February 2019 after a decade of formal use of the US dollar in the economy but the local currency, which started trading at 2.50 ZWL to $1,  rapidly lost value, leading to hyperinflation.

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