Markets
6.1
Zimbabwe's ZiG struggles to gain trust as dollar remains dominant
Published 2 d ago4 sourcesEvidence: Reported
SeverityModerateAssessedDeveloping storyAl JazeeraZW
Zimbabwe is promoting the Zimbabwean dollar to reduce dollarization, but historical hyperinflation has eroded trust, keeping the US dollar dominant. The policy faces structural hurdles as citizens and firms prefer the dollar for stability. Success is uncertain and hinges on fiscal discipline and inflation control.
Published 2 d ago4 sourcesEvidence: Reported
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