Opinion & Analysis

Is unofficial dollarisation of Zim financial system legal?

NewsDay Staff ·

Is unofficial dollarisation of Zim financial system legal?

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.

Discover more from Newsday

Subscribe now to keep reading and get access to the full archive.

Continue reading