ZIMDOLLAR VALUE PLUNGES

THE Zimbabwe dollar has devalued by over 580% since
February 2019 to date, United States Agency for International Development food
security arm, FEWS NET, has said.

Due to inadequate foreign currency, commodity or market
confidence backing it, the…

THE Zimbabwe dollar has devalued by over 580% since February 2019 to date, United States Agency for International Development food security arm, FEWS NET, has said. Due to inadequate foreign currency, commodity or market confidence backing it, the Zimdollar has continued to depreciate rapidly leading to hyperinflation that has led to a plethora of macro-economic challenges. So dire is the