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Letter from America: The death of the Zimbabwe dollar shows the King has no clothes

Letter from America: The death of the Zimbabwe dollar shows the King has no clothes
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Mthuli Ncube assures markets continued use of multicurrency system

Finance and Investment Promotion Minister, Professor Mthuli Ncube, reassured the public that the multicurrency system will remain in place despite rumours of the government reverting to the Zimbabwe dollar as the sole legal tender. The current arrangement, which allows the use of foreign currencies such as USD and Rand, is guaranteed until December 2025 under Statutory…

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