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Prices on goods in Zimbabwe spiralling out of control after businesses told to stop pricing in dollars

Prices of goods in Zimbabwe are spiralling again, threatening to halt a decline in consumer inflation, after authorities last week forced businesses to stop quoting prices in US dollars in a bid to encourage more use of the falter

Zimbabwe generalMashonaland eastJustin parehwaMalema to pan african parliamentConfederation of zimbabwe industriesPan african parliamentZimbabwe industriesஸிஂபாப்வே ஜநரல்மஷோனலண்ட் கிழக்குகூட்டமைப்பு ஆஃப் ஸிஂபாப்வே தொழில்கள்ஸிஂபாப்வே தொழில்கள்

Zimbabwe prices spiral after businesses told to stop pricing in dollars

In a bid to encourage more use of the faltering local currency.

Mashonaland eastJustin parehwaConfederation of zimbabwe industriesZimbabwe industriesமஷோனலண்ட் கிழக்குகூட்டமைப்பு ஆஃப் ஸிஂபாப்வே தொழில்கள்ஸிஂபாப்வே தொழில்கள்

Zimbabwe prices spiral after business told to stop pricing in US dollars

Zimbabwe prices spiral after business told to stop pricing in US dollars
thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.

Mashonaland eastJustin parehwaConfederation of zimbabwe industriesZimbabwe industriesUnited statesdமஷோனலண்ட் கிழக்குகூட்டமைப்பு ஆஃப் ஸிஂபாப்வே தொழில்கள்ஸிஂபாப்வே தொழில்கள்

Zimbabwe Prices Spiral After Businesses Told to Stop Pricing in Dollars

Zimbabwe Prices Spiral After Businesses Told to Stop Pricing in Dollars 2 hours ago Share share By MacDonald Dzirutwe HARARE, June 2 (Reuters) - Prices of goods in Zimbabwe are spiralling again, threatening to halt a decline in consumer inflation, after authorities last week forced businesses to stop quoting prices in U.S. dollars in a bid to encourage more use of the faltering local currency. Despite the re-introduction of the Zimbabwe dollar in 2019, most businesses have been charging in U.S. dollars, with customers having an option to pay using local money at rates higher than the official exchange rate. After losing their pensions and savings during a decade of hyperinflation to 2009, Zimbabweans prefer using the greenback to their own currency.

Mashonaland eastOlivia kumwenda mtamboJustin parehwaMacdonald dzirutweHugh lawsonConfederation of zimbabwe industriesZimbabwe industriesUnited statesdBasic commoditiesமஷோனலண்ட் கிழக்குஹக் லாசன்கூட்டமைப்பு ஆஃப் ஸிஂபாப்வே தொழில்கள்ஸிஂபாப்வே தொழில்கள்