Zimbabwe's Monetary Death Spiral

Indonesia Berita Berita

Zimbabwe's Monetary Death Spiral
Indonesia Berita Terbaru,Indonesia Berita utama
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President Mnangagwa’s pledge that Zimbabwe is “open for business” rings hollow. With a recent surge to an annual inflation rate of 236%, protests have sparked. As long as Zimbabwe continues to produce its own money, namely bond notes and RTGSs, it will continue to be held in a monetary death grip.

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