The Zimbabwean government has decided to suspend the country's national currency for a year...
Written by AFP
Harare |
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The Zimbabwean government has decided to suspend the country’s national currency for a year,which has in fact already disappeared from circulation,state-run media reported Sunday.
“The Zimbabwe dollar will be out for at least a year ….because there is nothing to support and hold its value,” Economic Planning Minister Elton Mangoma told the Sunday Mail.
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In January,in response to unprecedented hyperinflation,Zimbabwe legalised the use of foreign currencies including the Botswana pula,the South African rand,the United States dollar,the Euro and the British pound.