Zimbabwe submits to popular pressure: foreign currencies now legal tender
Thursday, January 29, 2009 Zimbabwe has decided to abandon its currency, the Zimbabwean dollar, in favour of other currencies. Acting Finance Minister Patrick Chinamasa announced today that Zimbabweans will be allowed to make transactions in other currencies along with the local currency. “In line with the prevailing practices by the general public, [the] government is therefore allowing the use of multiple foreign currencies for business transactions alongside the Zimbabwean dollar,”