The Chinese yuan, Japanese yen, Indian rupee and Australian dollar were officially to the basket of currencies that are accepted as legal tender.
According to the acting Central Bank Governor
Ms Dhliwayo said individuals and businesses can now open bank accounts denominated in the four new currencies, in addition to
For the dominating currency, market analysts put their bet on the US dollar, which most Zimbabweans have been using since 2009.
Four years on, prices across the country are almost all denominated in the greenback with rand and pula being used as changes smaller than a dollar. The pound and euro, however, are rarely seen.
The Chinese yuan is a likely challenger to the greenback as trade and economic interaction grow.
Ms Dhliwayo confirmed that the government, led by veteran President
SEVERE LIQUIDITY CRUNCH
"The additional currencies that can now be officially used in
"We price our exports in US dollars, we price our imports in either US dollars or rand and the additional currencies on the list won't affect the quantities of money flowing either way," he said.
Banks such as BancABC and Stanbic have already launched the yuan services while
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