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Zimbabwe Economics | Zimbabwean dollar again loses its value
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Last year, Zimbabwe's government banned the country's multi-currency regime - making the Zimbabwean dollar the sole legal tender. But with continued hyper-inflation - the currency has once again lost its value.
Citizens are fast losing confidence and business have started pricing goods in US dollars again. Pressurised, authorities were forced to reverse the ban and re-introduce trading in US currency.
Citizens are fast losing confidence and business have started pricing goods in US dollars again. Pressurised, authorities were forced to reverse the ban and re-introduce trading in US currency.
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