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Zimbabwe Bans Use Of U.S Dollars, Other Currencies As Legal Tender. (See Why)

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In a bid to defend its fledgling new currency against black market speculation, Zimbabwe‘s Finance Minister Mthuli Ncube has outlawed the use of the US dollar and a host of other foreign currencies in local transactions. In 2009, Zimbabwe allowed the US dollar and other foreign currencies to be used as legal tender in the […]

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