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Zimbabwe’s multi-currency confusion

Posted on 06 February 2014

Once known for its billion dollar notes and hyper-inflation, Zimbabwe must be the only place in the world to have eight currencies as legal tender - none of them its own.
For the last five years most people have been using US dollars or South African rand, but pula from Botswana and British pound sterling have also been changing hands. Now the central bank is also allowing the use of Australian dollars, Chinese yuan, Indian rupees and Japanese yen………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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