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Zimbabwe Establishes Monetary Policy Committee in Stability Bid

Country’s new currency has plunged since June introduction
Committee consists of bankers, businessmen and academics

Mthuli Ncube — Mthuli Ncube
Photographer: Waldo Swiegers/Bloomberg

By

Antony Sguazzin

September 10, 2019, 9:47 PM UTCUpdated onSeptember 11, 2019, 2:04 PM UTC

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Zimbabwean Finance Minister Mthuli Ncube established a Monetary Policy Committee in his latest attempt to stabilize an economy in freefall.