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Home » Quell your craving for US dollars — Government told

Quell your craving for US dollars — Government told

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ECONOMIC experts have raised fresh alarm over the worsening volatility of the Zimbabwe dollar and the escalating re-dollarisation of the economy.
Speaking to The Financial Gazette this week, they also called for all domestic transactions to be done in Zim dollars, while urging the government to tame its own huge appetite for the greenback to save the local unit and the economy.
This comes as the hapless domestic unit has lost about 30 percent of its value against the US dollar on the formal market so far this year, and more than 80 percent on the parallel market.

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Kurai Matsheza, CZI President

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