Zimbabwe Central Bank, Business Meet on Currency Fall, Mail Says

Zimbabwe’s central bank and business leaders met Friday to explore ways to halt the plunge of the local currency against the U.S. dollar, the state-controlled Sunday Mail newspaper reported on Sunday.

Central Bank Governor John Mangudya said the main outcome was an agreement to increase demand for the local currency in order to boost its value, the Harare-based publication reported. No further details were provided on the specific measures adopted.