Opinion & Analysis
Is unofficial dollarisation of Zim financial system legal?
NewsDay Staff ·

WHAT is happening to the currency situation in Zimbabwe?
Since the official dollarisation was ended in 2017, Zimbabwe’s financial system has suffered a continuous series of uncertainty resulting in economic instability. Zimbabwe is experiencing high rates of inflation and as such the government is pursuing a passive or accommodating monetary policy which expands the money supply more rapidly than the output of goods and services.
This story is for NewsDay subscribers.