Govt Considers Making Rand Official Currency

Govt Considers Making Rand Official Currency - Finance Minister Tendai Biti says the government is weighing up the prospect of using the South African Rand as Zimbabwe's official currency. The country is currently using a system of multiple currencies which resulted in the local currency dying a natural death. Biti says they are exploring 3 different options, including using the Rand, bringing back a redenominated Zimbabwe Dollar or sticking with the current multiple currency system. He said that a decision will be made by the end of the year. [All Africa : Zimbabwe]