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Dollar Goes From Savior to Scapegoat as Zimbabwe Flounders

  • Businesses struggle to compete with imports from South Africa
  • Government has no plans to reintroduce Zimbabwean dollar
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Zimbabwe freed its economy from the nightmare of hyperinflation by dumping its currency and adopting mainly the U.S. dollar. Six years on the economy is back in crisis.

Deflation is hindering spending and investment, factories are closing and the government is struggling to find money to pay its workers.