Zim's Gono turns on rand anchor
The governor of the Reserve Bank of Zimbabwe, Gideon Gono, has been quoted as welcoming the idea of pegging the country currency to South Africa's rand.
"Suffice to say that an anchor currency for the Zimbabwe dollar...would act as a serious stimulus factor towards the much-needed stability of the Zimbabwean dollar and the economy in general," Gono told The Herald, a state-owned newspaper. The ideas was, therefore, "most welcome."
The development comes only days after Gono was quoted as saying the
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