Zim’s new currency, a maxi-devaluation

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Steve H Hanke: Economist

Until February 20, Zimbabwe produced a quasi-currency. It was dubbed a “Zollar”. On February 20, the quasi-currency became Zimbabwe’s official currency. This new currency is called RTGS dollars and consists of bond notes and RTGS (electronic money).

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One thought on “Zim’s new currency, a maxi-devaluation”

  1. Chris Shu says:

    ‘The chart below contains 22 countries that have black markets in foreign exchange and for which data are available’ I can’t find the chart.

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