On Zimbabwe’s adoption of the rand as the currency of trade while retaining the US dollar internally. Ranga points out that Zimbabwe’s challenges are not fundamentally about currency but rather policy-driven. Currency choice is less of an issue than sound economic policies and sustainable business costs. Rufaro recommends removing exchange controls to reduce the cost of doing business and removing IMTT. 🎥 Watch this insightful analysis as Tinashe, Ranga, and Rufaro discuss currency issues and t
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THE Reserve Bank of Zimbabwe (RBZ) has assured the public of exchange rate stability as gold reserves backing the ZiG have increased to a value of over US$450 million from US$375 million in June this year. https://www.zbcnews.co.zw/rbz-assures-zimbabweans-of-currency-stability/ | ZBC News Online
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Compare the Zimbabwe Dollar Exchange Rate to the Value of Silver
Compare the Zimbabwe Dollar Exchange Rate to the Value of Silver
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Zimbabwe's new currency, the ZiG has strengthened against the US dollar on its second day. ZiG is short for Zimbabwe Gold - and it was rolled out on Monday. The central bank launched the new currency on Friday, and it will replace the Zimbabwean dollar. #SouthAfricaTonight #DStv403 | eNCAnews
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