The Zimdollar is now over 90% weaker than it was a year ago. Here is why it’s likely to get even worse
newZWire The Reserve Bank of Zimbabwe has allowed the Zimbabwe dollar to fall sharply by 21% this week, a drop that leaves the currency 91% weaker than it was this time last year. With an anticipated drop in mineral earnings this year and an anticipated bigger import bill in 2024, demand for the USD will…
