Zimbabwe Abandons Its Dollar Peg, Effectively Introduces New Currency
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Zimbabwe, which has been using the U.S. dollar for the past decade, effectively introduced its own currency again, admitting that dollars stored in local bank accounts are worth only a fraction of their stated value.Zimbabwe Abandons Its Dollar Peg, Effectively Introduces New Currency
Zimbabwe, which has been using the U.S. dollar for the past decade, effectively introduced its own currency again, admitting that dollars stored in local bank accounts are worth only a fraction of their stated value. Read more