Zim Should Have A Currency Board To Have Its Own Stable Currency - Steve Hanke

United States of America-based economic commentator Steve Hanke said that if Zimbabwe wants its own stable currency, it should have a currency board.

Writing on microblogging site Twitter, Hanke said:

In Zimbabwe, even a simple salad costs nearly $16. Yes. That’s USD. With an annual inflation rate of 396%/yr, even basic items have become luxuries. If Zimbabwe wants its own stable currency and low inflation, it must establish a currency board.

In #Zimbabwe, even a simple salad costs nearly $16. Yes. That’s USD. With an annual inflation rate of 396%/yr, even basic items have become luxuries. If Zim wants its own stable currency & low inflation, it must establish a currency board. pic.twitter.com/2t8YVnWerJ

— Prof. Steve Hanke (@steve_hanke) June 21, 2019

HOT DEALS:
itel A70 - (128GB, 3GB RAM) $89,
itel A70 - (256GB, 4GB RAM) $99
itel P40 (128GB, 4GB), (6000mAh) $99
itel P40 (64GB, 4G), (6000mAh) $93
LATEST:
itel S24 (128GB) $124 (108MP camera)
itel S24 (256GB) $159 (108MP camera)

Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika.

WhatsApp: 0783 450 793