No hope of Zimbabwean dollar coming back – yet

Zimbabwe’s new president yesterday ruled out an early return of the Zimbabwean dollar, toning down remarks by his finance minister that backed reintroducing it.

In an inaugural address, President Emmerson Mnangagwa pledged a raft of economic measures, including currency reforms.

But, he said, conditions had to be right before foreign currencies were replaced once more by the Zimbabwean dollar. “Government shall continue with the multicurrency system up until the current negative economic fundamentals have been addressed.” –