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President Mnangagwa says there is no going back to dollarisation

Zimbabwe’s President Emmerson Mnangagwa vowed on Friday not to revert to using the United States dollar despite the country’s new local currency plunging against the greenback since its introduction this year, fuelling inflation and economic hardship. In 2009, Zimbabwe “dollarised” the economy by allowing the US dollar and other foreign currencies to be used as legal tender in the...