US$575m war chest to anchor new currency
GOVERNMENT has set aside US$575m to bolster the structured currency set to be unveiled today as it moves to ensure the unit survives after its predecessors failed to perform the fundamental functions of money.
The proposed structured currency comes on the back of a sharp depreciation of the local currency against the United States dollar.
*Source: https://www.newsday.co.zw/local-news/article/200025222/us575m-war-chest-to-anchor-new-currency
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