US$500m to stabilise Zimdollar

LIVINGSTONE MARUFU   Zimbabwe will set aside US$500m from the Special Drawing Rights (SDRs) to shore up the local currency which has taken a battering against the dollar fuelling a sharp increase in the prices of goods and services. The Zimbabwe dollar has plunged in the past few weeks. This week, it was trading at…

Subscription Required

Subscribe to read full article.

Join Now

Already a member? Log in here

Related Articles

Back to top button