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It’s Time For Zimbabwe To Start Using South Africa’s Rands As it’s Official Currency

It’s Time For Zimbabwe To Start Using South Africa’s Rands As it’s Official Currency

Zimbabwean banks have called for the adoption of the South African rand as the main currency of exchange arguing that use of the United States dollar was no longer sustainable. Zimbabwe dumped its hyperinflation-ravaged local currency in 2009, adopting a basket of foreign currencies, mainly the US dollar, South African Rand, Botswana Pula and Euro. […]

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