How Zimbabwe Will Try to Restore Stability to the Financial Sector
Posted on 08/29/2014
Zimbabwe, a country with no currency, is struggling to keep its financial sector afloat. After battling hyperinflation, the U.S. dollar and South Africa rand are the most commonly-used currencies in the African nation. Zimbabwean banks were loose with lending capital to local businesses after the country began heavily adopting foreign currency as tender. Tetrad and […]