Zimbabwe dollar exchange rate gets to ZW$1 000 000 000.00

This is not a joke! It’s not a surprise either!

The Zimbabwe dollar exchange rate has got to ZW$1 billion against the British pound. Well done to Mugabe, Gideon Gono the reserve bank governor and all the Zanu PF sympathisers. They have managed to reduce the country to ‘Zimbabwe Ruins’.
How else could they explain this exchange rate – one(1) British pound to
ZW$1 000 000 000.00.

Is it time up for the Zanu PF government? Can they be trusted with running the country’s economy anymore.

I put the blame on Gideon Gono, the reserve bank of Zimbabwe governor. He is responsible for the monetary policy of the country. He has been coming up with these policies which have not helped the country at all.
After his introduction of the willing seller, willing buyer exchange rate policy did things get better in the country? NO. They have actually got worse.

If we add the three zeros that Gono removed from the currency the exchange rate gets into trillions. Give us a break!
Gono should get out of the office because he has failed the country. Some may want to place the blame somewhere, but as long as he remains reserve bank governor, he is part of the system which has failed the country.

Related posts:

  1. Zimbabwe Dollar exchange rate falls after currency flotation
  2. Zimbabwe dollar exchange rate rising again
  3. Reserve Bank floats Zimbabwe Dollar on forex market
  4. The Ups and Downs of the Zimbabwe Dollar
  5. More problems for Zimbabweans as the dollar falls against major currencies

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