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Zimbabwe , Thursday 16 April 2026

Zimbabwe Devalues Its Dollar to Try Stabilize Currency

Published on: Tuesday 16 May 2023

Zimbabwe Devalues Its Dollar to Try Stabilize Currency (Bloomberg) -- Zimbabwe’s currency weakened almost 14% in the weekly central bank auction, just days after Finance Minister Mthuli Ncube called for changes to how the foreign-exchange market is managed.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost Ship Antigua Is Desperate to UnloadJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsThe devaluation is the latest po


News source: https://news.yahoo.com/zimbabwe-devalues-dollar-try-stabilize-160427867.html

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