Adopting the South African rand would be a dangerous move as it would worsen the economic chaos, Reserve Bank of Zimbabwe (RBZ) governor ...
Adopting the South African rand would be a dangerous move as it would worsen the economic chaos, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has declared.
According to Mangudya conditions of adopting the rand are not conducive. The rand is freely used in most parts of Matabeleland Sou and Bulawayo.
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Rand Is A Dangerous Currency - Says John Mangudya |
"South Africa cannot supply the whole region with a currency. This is why we are introducing the bond notes which are a restraint measure meant to incentivise exports" Source: Byo24News
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