Zimbabwe risks another currency collapse, Mangudya urged to sort it out : vimarsana.com

Zimbabwe risks another currency collapse, Mangudya urged to sort it out

FULL dollarisation remains an unviable proposition for Zimbabwe, defiant Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya says, despite the economy rapidly gravitating toward self-redollarisation. Zimbabwe countenances a second potential collapse of its domestic currency, the first being in 2009-2019 when the economy reset into default setting, and adopted the US dollar as the…

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