Desperate Mthuli Ncube Says US Dollar Rate Should Be $1 To ZWL$6 Only. How Long Will His Dream Last?
22 September 2019
Finance Minister, Professor Mthuli Ncube has said that the Zimbabwe dollar is undervalued against the United States dollar.
Posting on Twitter, Ncube suggested that the correct exchange rate should be US$1: ZW$6. He said:
The dollar rate has been skyrocketing in the last week hitting as high as 1:25 on Thursday and Friday.
The rate closed at 1:20 on Friday.