Zimbabwe has devalued its currency in an attempt to jump-start its ailing economy.
Finance Minister Simba Makoni said the government has decided to set the official exchange rate at 50 Zimbabwean dollars to the US dollar from 38 Zimbabwean dollars previously........
http://news.bbc.co.uk/1/hi/business/862968.stm
Great read. Check it out.
Finance Minister Simba Makoni said the government has decided to set the official exchange rate at 50 Zimbabwean dollars to the US dollar from 38 Zimbabwean dollars previously........
http://news.bbc.co.uk/1/hi/business/862968.stm
Great read. Check it out.