USD, ZiG inflation disparity a concern

The RBZ added that by 2030, Zimbabwe will be under a mono-currency regime, with individuals and businesses still able to hold ZiG and foreign accounts after that.

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)…

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