Zimbabwe Dollar Depreciation a Major Threat to Macroeconomic Stability

Zimbabwe Dollar Depreciation a Major Threat to Macroeconomic Stability

The Zimbabwe Mail

CZI pointed out that the delays in finding a lasting solution to the currency crisis, lefat domestic currency with little chance for survival. If the market rejected the local currency, this would be the second time Zimbabwe dumped its currency unit after scrapping the domestic currency in February 2009 due to hyperinflation. It is widely anticipated that among the MPS solutions will be the supposedly more stable Structured Currency announced by President Mnangagwa this year.

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