LAST I participated in a debate organized by the Financial gazette on whether Zimbabwe should re-dollarise or not? and as expected, all panellists agreed that the economy has already dollarised unofficially.
Evidence of the wide use of foreign currency in private transactions (as a unit of account, a medium of exchange and as a store of value) is glaring.
Dollarisation discussions have come to the fore given the deteriorating economic fundamentals in the country.
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.