Concerns Grow Over Convertibility of Zimbabwe's New...
International News
July 24, 2024
Zimbabwe's new currency is facing mounting concerns over its convertibility, posing challenges for its acceptance in both domestic and international markets. Economist Tinashe Murapata highlights that the currency's limited usability for international transactions is a major issue, undermining investor confidence. Without effective measures to enhance convertibility and stability, the new currency may struggle to establish itself.