The odds are stacked against Zimbabwe’s latest attempts to reinvent its currency in a year where it is facing a devastating drought while drowning in foreign debt and enduring two decades of international isolation.
A few days after announcing that it will require $2 billion to feed a sizable part of its population due to a severe drought, on April 4, Zimbabwe announced that it was relaunching its currency for the third time in a decade following bouts of hyperinflation.
