Zimbabwe govt's proposed new currency reforms doomed
THE recently proposed currency changes, intended to underpin the Zimbabwe dollar with assets, will come to nought, given that country lacks sufficient reserves ...
Source: bulawayo24.com
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Zimbabwe govt's proposed new currency reforms doomed – The Zimbabwe Mail
THE recently proposed currency changes, intended to underpin the Zimbabwe dollar with assets, will come to nought, given that country lacks sufficient reserves to support the local unit, an independent advisory has said. Finance minister Mthuli Ncube recently hinted on currency reforms that will see the exchange rate linked to a hard asset as part…
Source: thezimbabwemail.com
Policy uncertainty and investor sentiment, investors on the edge? - The Zimbabwe Independent
Assuming a new currency comes in the picture as speculated, confidence levels will also weigh on sentiment and equally plunge the market.
Source: theindependent.co.zw
Govt's proposed new currency reforms doomed: Advisory firm - The Zimbabwe Independent
A currency board is the effective pegging of a country’s currency against that of another. It is put into effect through the holding of the later currency as reserves.
Source: theindependent.co.zw
'Zim inflation rate at 747%' - The Zimbabwe Independent
It is the reason why most of the country’s leading corporations have been relying on internally generated inflation data to make decisions.
Source: theindependent.co.zw