Value of Zimbabwe’s Currency Keeps Plunging Despite Rescue Attempts

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Zimbabwe’s central bank’s efforts to arrest the sharp depreciation of the country’s dollar seem to be failing as the currency took a nosedive and was trading Monday at more than 6000 against the U.S. dollar from about 2600 on the black-market – forcing prices up. Columbus Mavhunga reports from Harare where economists disagree on what the government should do.

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