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US dollar debts payable in Zim dollar: Supreme Court

Byron Adonis Mutingwende5 years ago02 mins

The Supreme Court has ruled that all debts incurred prior to the removal of the 1:1 peg on the US dollar and the RTGS dollar shall now be settled in the local currency on a one to one basis. On 20 February 2019, the Zimbabwe Government announced the removal of the 1:1 peg, allowing for…

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