Zimbabwe: How Is Zimbabwe Paying for Its New Bond Notes?

Zimbabwe: How Is Zimbabwe Paying for Its New Bond Notes?

[RFI] Questions are being raised about the collateral behind the Zimbabwean government’s issue of new US dollar denominated bond notes, an initiative which was announced by the Reserve Bank of Zimbabwe this week. There are fears that issuing bond notes could quickly lead to hyperinflation, a phenomenon that wrecked the economy before the Zimbabwean dollar was withdrawn in 2009. …read more

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