BUSINESSES DITCH ZIMDOLLAR
GOVERNMENT yesterday threatened to unleash the Financial
Intelligence Unit (FIU) on retailers refusing payment in the local currency or
limiting the number of items consumers can buy in Zimdollar, which they say has
become highly unstable.
The local c…
GOVERNMENT yesterday threatened to unleash the Financial
Intelligence Unit (FIU) on retailers refusing payment in the local currency or
limiting the number of items consumers can buy in Zimdollar, which they say has
become highly unstable.
The local currency, which was reintroduced in 2019 after a
decade of multicurrency system, is trading at a 100% premium on the parallel
market where it is