Zimbabwean President, Emmerson Mnangagwa has said the country must have a new currency by the end of the year.
President Mnangagwa adds that this will help stabilise prices after inflation hit a 10-year high.
The southern African nation in February removed an unrealistic peg for its electronic dollars and surrogate bond notes and merged them into a transitional currency called the Real Time Gross Settlement dollar.
The unit, which started trading at 2.5 to the dollar on the official interbank market when it was introduced was pegged at 5.9, bringing its devaluation to 57.6 % to date.
Zimbabwean President, Emmerson Mnangagwa has said the country must have a new currency by the end of the year.
President Mnangagwa adds that this will help stabilise prices after inflation hit a 10-year high.
The southern African nation in February removed an unrealistic peg for its electronic dollars and surrogate bond notes and merged them into a transitional currency called the Real Time Gross Settlement dollar.
The unit, which started trading at 2.5 to the dollar on the official interbank market when it was introduced was pegged at 5.9, bringing its devaluation to 57.6 % to date.
Zimbabwean President, Emmerson Mnangagwa has said the country must have a new currency by the end of the year.
President Mnangagwa adds that this will help stabilise prices after inflation hit a 10-year high.
The southern African nation in February removed an unrealistic peg for its electronic dollars and surrogate bond notes and merged them into a transitional currency called the Real Time Gross Settlement dollar.
The unit, which started trading at 2.5 to the dollar on the official interbank market when it was introduced was pegged at 5.9, bringing its devaluation to 57.6 % to date.
Zimbabwean President, Emmerson Mnangagwa has said the country must have a new currency by the end of the year.
President Mnangagwa adds that this will help stabilise prices after inflation hit a 10-year high.
The southern African nation in February removed an unrealistic peg for its electronic dollars and surrogate bond notes and merged them into a transitional currency called the Real Time Gross Settlement dollar.
The unit, which started trading at 2.5 to the dollar on the official interbank market when it was introduced was pegged at 5.9, bringing its devaluation to 57.6 % to date.
Zimbabwean President, Emmerson Mnangagwa has said the country must have a new currency by the end of the year.
President Mnangagwa adds that this will help stabilise prices after inflation hit a 10-year high.
The southern African nation in February removed an unrealistic peg for its electronic dollars and surrogate bond notes and merged them into a transitional currency called the Real Time Gross Settlement dollar.
The unit, which started trading at 2.5 to the dollar on the official interbank market when it was introduced was pegged at 5.9, bringing its devaluation to 57.6 % to date.
Zimbabwean President, Emmerson Mnangagwa has said the country must have a new currency by the end of the year.
President Mnangagwa adds that this will help stabilise prices after inflation hit a 10-year high.
The southern African nation in February removed an unrealistic peg for its electronic dollars and surrogate bond notes and merged them into a transitional currency called the Real Time Gross Settlement dollar.
The unit, which started trading at 2.5 to the dollar on the official interbank market when it was introduced was pegged at 5.9, bringing its devaluation to 57.6 % to date.
Zimbabwean President, Emmerson Mnangagwa has said the country must have a new currency by the end of the year.
President Mnangagwa adds that this will help stabilise prices after inflation hit a 10-year high.
The southern African nation in February removed an unrealistic peg for its electronic dollars and surrogate bond notes and merged them into a transitional currency called the Real Time Gross Settlement dollar.
The unit, which started trading at 2.5 to the dollar on the official interbank market when it was introduced was pegged at 5.9, bringing its devaluation to 57.6 % to date.
Zimbabwean President, Emmerson Mnangagwa has said the country must have a new currency by the end of the year.
President Mnangagwa adds that this will help stabilise prices after inflation hit a 10-year high.
The southern African nation in February removed an unrealistic peg for its electronic dollars and surrogate bond notes and merged them into a transitional currency called the Real Time Gross Settlement dollar.
The unit, which started trading at 2.5 to the dollar on the official interbank market when it was introduced was pegged at 5.9, bringing its devaluation to 57.6 % to date.
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