Zimbabwe backtracks from converting export earnings to euro, rand

Zimbabwe's central bank on Tuesday said it would no longer convert half of all export earnings to euros and rand, backtracking from partial measures it introduced last week in a bid to ease an acute shortage of dollars. The Reserve Bank of Zimbabwe (RBZ) last week set priorities for imports, imposed limits on cash withdrawals and said it would convert export earnings to euros and rand to ease demand for dollars in the economy. The money would be credited into accounts of banks held with the cent