'Zimbabwe to introduce new currency 'in next 12 months'

By Staff reporter | 12 Apr 2019 at 09:31hrs
Mthuli Ncube
Minister of Finance and Economic Development, Mthuli Ncube says Zimbabwe will soon introduce a central bank reference rate as part of measures to stabilise the collapsing economy.

Ncube further revealed that Zimbabwe will have currency in the next 12 months and to close the gap between the rate for dollars in the official and parallel markets using RTGS dollars.

Ncube made the remarks on Bloomberg Television on Thursday.

Here's the Bloomberg report:



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