Zimbabwe president promises new currency

Zimbabwean President Emmerson Mnangagwa on Friday promised to introduce a new national currency, 10 years after hyperinflation rendered the Zimbabwean dollar worthless.

The country has since used US dollars, the South African rand and, in recent years, two local quasi-currencies that have fallen sharply in value.

"A country cannot develop using other countries' currencies, without its own currency," Mnangagwa said.

"As a country we should have our own currency. We have already started that journey."
"And when they do that, the price of bread increases according to the exchange rate."