ZIMBABWE RELY ON THE CURRENCY DEAL TO LIFT TRADE WITH CHINA

Highlights:

• Zimbabwe signed a currency swap deal with China to boost trade and improve the economy.
• Zimbabwe was desperate for international support to reboot its economy.
• Multilateral funders blacklisted Zimbabwe as it failed to repay loans.

A currency swap deal was signed between Zimbabwe and China. This is an attempt by Zimbabwe to stabilize its economy and to improv....