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USD Archives – Provoker Magazine

Tag: USD

Zimbabwean Currency On The Verge of Collapse

Illegal money changers pose while exchanging a new Zimbabwe bond note (L) and U.S. dollar notes in the capital Harare, Zimbabwe, November 28, 2016. REUTERS/Philimon Bulawayo

Zimbabwe’s economy is being driven by two main currencies, the US dollar and the Bond Note. However, the bond note is reportedly not even a currency to begin with. It is just “for ease of change” as explained by a minister. Maybe, that’s where our problem begins. The Confederation of Zimbabwe Industries (CZI) stated that… Continue reading Zimbabwean Currency On The Verge of Collapse