THE relatively stable US dollar inflation trend against rising ZiG prices poses potential threats to the government’s de-dollarisation agenda under a local currency-backed mono-currency system, industry has warned.The slower inflation rate in USD terms could suggest the domestic market’s preference of the greenback over the local currency.Latest figures from the Zimbabwe National Statistics Agency (Zimstat)…
Home » USD, ZiG inflation disparity a concern
USD, ZiG inflation disparity a concern
Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — there was also broad consensus among the analysts yesterday that the Reserve Bank of Zimbabwe (RBZ) had largely managed to sustain confidence in its monetary framework in its MPS of last week.
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Adelaide Moyo, Group Managing Editor
Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency developments, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.