News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*Mangudya says the introduction of the US dollar in 2009 was a mistake* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?bg Speaking at a luncheon organised by the St Luke Anglican Church in Greendale, Reserve Bank of Zimbabwe governor, Dr John Mangudya said the introduction of the US dollar in 2009 was a mistake. He said, ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > The major mistake was done in 2009 when the Government liberalised the economy, which led to the use of the US dollar as a trading currency instead of a reserve currency. This resulted in some investors coming to Zimbabwe only for the US dollar and these took the money out. Since 2009, we gave an impression that Zimbabwe manufactured US dollars. The move taken in 2009 was dangerous. It was both economic and political and maybe we spent more time on the political side. He also shed light on the bond notes and said that the RBZ will embark on countrywide tours to make the public aware of the bond notes. More: Chronicle _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback