Zimbabwe: We Are Not Rushing to End USD Dollar Use – RBZ Says

Reserve Bank of Zimbabwe (RBZ) Deputy Governor Dr Innocent Matshe has assured businesses and the public that Zimbabwe’s transition towards a mono-currency system will be gradual and market-driven, ruling out any rushed move to abandon the multicurrency framework.

Matshe said the central bank and Treasury would only advance towards a single-currency system when economic conditions support the transition, with eight publicly announced preconditions guiding the process.

He made the remarks during the…