Saturday, 8 February 2014

us dollar to zim dollar

the contious talk of Zimbabwean dollar return evokes sad memories for the majority of people in the country who lost their life earnings with the introduction of the multiple currency system.At the height of the hyperinflation, the country became almost idle as as industries closed down, while multi-national companies relocated to neighbouring countries and most local businesses were just operating at a loss.
The unemployment rate rose to over 80 percent and over three million people reluctantly left the country for menial jobs in neighbouring countries. however the multi currency system proves to a failure again. Does this mean zim has completely failed. multi currenncy


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