Zimbabwe seeks return to dollar as new govt sworn inHarare - Zimbabwe's newly sworn-in finance minister on yesterday said he planned to reintroduce the Zimbabwe dollar and accelerate plans to repay the country's debt, in a bid to revive the battered economy. The southern African nation abandoned its currency after it spiralled out of control between 2008 and 2009 during the rule of Robert Mugabe. But a few years later, with the economy in tatters, US bank notes started to run short. But the bond notes are in reality worth far less than the US dollar. "Ultimately, I want to be very clear, I want to see the Zimbabwe dollar come back, the sovereign currency," the new finance minister, Mthuli Ncube, told reporters shortly after he was sworn-in.
Source: Philippine Star September 10, 2018 18:22 UTC