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Zimbabwe’s Currency Hits New Low, Firms Demanding Payment In U.S. Dollars

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Zimbabwe’s interim currency fell to a new low on the black market on Thursday and local firms were demanding payment in U.S. dollars as a hedge against inflation, which is running at its highest in a decade. The RTGS dollar has plunged 60 per cent against the U.S. dollar since its introduction in February, and […]

 

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