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Al Jazeera
Al Jazeera
Business
Chris Muronzi

Dollar o’clock: Should Zimbabwe axe its faltering currency again?

Zimbabwe Al Jazeera Inflation United States US Dollar Emmerson Mnangagwa Harare Hyperinflation
A Zimbabwean holds a handful of 100,000 Zimbabwe dollar notes in Harare, in 2007 [Bishop Asare/EPA]

Harare, Zimbabwe – In early 2019, Zimbabwe’s central bank announced plans to bring back the Zimbabwe dollar as legal tender after a decade of using the US dollar and seven other international currencies because raging hyperinflation had run the local currency aground.

The country’s economists warned against the move.

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