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John Mangudya

Zimbabwe launches new currency measure in bid to ease economic crisis

Zimbabwe, without its own currency for a decade, took steps to address its worsening economic crisis by allowing its surrogate currency, bond notes, and electronic funds to float freely against other major currencies, abandoning an official but artificial parity with the dollar.

Zimbabwe government de-dollarises, piles taxes on transacting public

Harare ‑ The Zimbabwean government has de-dollarised the economy by reintroducing local currency bank accounts, which will be traded in electronic transfers and bond notes only.

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