Zimbabwe’s New Currency Faces Headwinds Five Months On

Introduction to Zimbabwe’s New Currency In June 2019, Zimbabwe introduced a new currency, the Zimbabwean dollar (ZWL$), marking a significant shift in its monetary policy. This move came as a response to the country’s prolonged economic struggles, characterized by hyperinflation that peaked in 2008, rendering the Zimbabwean dollar virtually worthless and causing the government to … Read more