Zimbabwe Under Threat of Losing U.S. Dollar Currency

The privilege of using the United States dollar as its major medium of exchange is under threat amid revelations the currency is being smuggled out of the country on a massive scale reports Zimbabwe Standard.

(file photo)

  • Zimbabwe:   Cash Shortage - Lasting Solution Needed

    The Herald, 3 May 2016

    THE Zimbabwe International Trade Fair, National Workers' Day celebrations and the opening of schools for the second term today have exposed that the cash-flow challenges from the… Read more »

  • Zimbabwe:   No End in Sight to Cash Shortage

    The Herald, 28 April 2016

    The cash supply situation remained critical in the country yesterday with workers failing to withdraw their salaries. This comes as parents and guardians also prepare for children… Read more »

  • Zimbabwe:   Reserve Bank Sued Over 'New' Currency

    The Herald, 28 April 2016

    The Reserve Bank has been dragged to the Constitutional Court by an individual who claims that the bank declined the self-proclaimed research scientist's proposal to introduce… Read more »

  • Zimbabwe:   Cash Crisis Hits Informal Sector

    Zimbabwe Standard, 24 April 2016

    The government should step up efforts to formalise the informal sector and promote financial inclusion as liquidity constraints continue to beset the economy, experts have said. Read more »

  • Zimbabwe:   Panic in Govt As Chinese Loot Economy - Report

    Financial Gazette, 21 April 2016

    RELATIONS between Zimbabwe and China could sour after revelations nationals from the Asian country are mopping hard currency from the economy, creating a cash crisis that has… Read more »

Follow AllAfrica

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.