Could Zimbabwe Have an Official Currency By Year-End?
Government advisor Ashok Chakravarti has urged for the replacement of the U.S. dollar with the South African rand as the country's main currency. The shortage of U.S. dollars forced the government to introduce the local bond notes giving it the same value as the U.S. dollar. Despite the surrogate currency's inability to address the country's cash crisis, it could be a fully fledged currency by December.
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