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Zimbabwe Not Ready to De-Dollarize, Says Finance Minister

Zimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21 billion in debt, as Zimbabwe has...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Zimbabwe Not Ready to De-Dollarize, Says Finance Minister
Zimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21 billion in debt, as Zimbabwe has been locked out of capital markets since 1999 due to defaulting on its debt. Clearing arrears would enable access […]

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