Zimbabwe's currency further tumbles against U.S. dollar

STORY: Zimbabwe's currency further tumbles against U.S. dollar SHOOTING TIME: Jan. 17, 2024 DATELINE: Jan. 18, 2024 LENGTH: 0:04:55 LOCATION: Harare CATEGORY: ECONOMY SHOTLIST: 1. various of Zimbabwe 2. SOUNDBITE 1 (English): PROSPER CHITAMBARA, Economist 3. various of Zimbabwe 4. SOUNDBITE 2 (English): CHRISTOPHER MUGAGA, Chief Executive Officer, Zimbabwe National Chamber of Commerce 5. various of Zimbabwe 6. SOUNDBITE 3 (English): DENFORD MUTASHU, President of Confederation of Zimbabwe Retailers 7. various of Zimbabwe 8. SOUNDBITE 4 (Shona): ELISHA MANGACHENA, Local Worker 7. various of Zimbabwe 8. SOUNDBITE 5 (Shona): VELMA MUCHONGWE, Trader STORYLINE: The cost of goods and services keeps on increasing in Zimbabwe as the local currency depreciates against the U.S. dollar, a trend that accelerated at the beginning of 2024. The local dollar, which officially traded at 6,192 per 1 U.S. dollar on Jan. 2, is trading at 8,746 as of Jan. 17, according to the Reserve Bank of Zimbabwe daily exchange rate update