Mishma Chakanyuka, Staff Writer 
10
THE Economic Intelligence Unit (EIU), a global team of economists, projects the Zimbabwean dollar to be among the weakest currencies in the world this year, as the International Monetary Fund warns that a third of the globe will face recession.
Advertisements
In its recent yearly report titled: “Africa Outlook 2023: The Challenges Ahead”, EIU said most African currencies had lost significant value against the US dollar in 2022 and the situation was expected to remain the same, albeit to a lesser extent, in 2023.
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
Login if you have purchased
