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*Govt speaks on why it will not adopt South Africa's rand or introduce Zim dollar* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?oc While responding to concerns by Dangamvura MP Esau Mupfumi’s suggestion that Government should adopt the South African rand as the main currency, Finance Minister Patrick Chinamasa said that they will not adopt the rand because they have no control over its exchange rate. Said Chinamasa: ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > On the currency issue, we are not going to adopt the rand because we are not involved in the decision making of its value, whether it depreciates or appreciates. If it appreciates, we become the most expensive country. The route we are taking is that we are working on addressing macro-economic fundamentals such as raising exports, increasing reserves like three months cover and so on. We will not introduce our own currency until we address these fundamentals. More: Herald _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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