Zimbabweans will be allowed to conduct business in multiple currencies, alongside the Zimbabwean dollar, in an attempt to tackle soaring inflation, acting Finance Minister Patrick Chinamasa said on Thursday.
"In the hyper-inflationary environment characterizing the economy, our people are now using multiple currencies alongside the Zimbabwean dollar. These include the (South African) rand, U.S. dollar, Botswana pula, euro and British pound among others," he said in a budget speech.
Showing posts with label zimbabwe. Show all posts
Showing posts with label zimbabwe. Show all posts
Sunday, February 1, 2009
inflation in Zimbabwe to come to a screeching halt
Zimbabwe opens up to multiple currencies (Reuters):
Saturday, June 14, 2008
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