Zimbabwe takes a big gamble in its bid to dump the greenback

Monday, 16 December 2019
Zimbabwe takes a big gamble in its bid to dump the greenback | Easy Man
Zimbabwe last week made its interim currency, the RTGS dollar, the country’s sole legal tender, drawing the curtains on a decade of US dollar dominance. Harare was forced to abandon its own dollar in 2009 and adopt the greenback as its de facto medium of exchange in the face of hyperinflation and economic meltdown. Against this backdrop, what could possibly go wrong?
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