Zimbabwe allowed to use other currencies
On Thursday the acting finance minister of Zimbabwe announced Zimbabweans will be allowed to conduct business in multiple currencies, alongside the Zimbabwean dollar, in an attempt to tackle soaring inflation rates.
In the hyper-inflationary environment characterizing the economy, our people are now using multiple currencies alongside the Zimbabwean dollar. These include the (South African) rand, U.S. dollar, Botswana pula, euro and British pound among others, he said in a budget speech according to reports from Reuters.
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