macro

US aligned World Bank warns Zimbabwe over rapid de-dollarisation - Bulawayo24 News

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DW NOTE

The World Bank warns against de-dollarisation in a country where the central bank printed Z$10 trillion notes in 2008 and the local currency lost 99% against the dollar within 18 months of its 2019 reintroduction. Zimbabwe ran annual inflation above 200% as recently as 2020. The risk isn't abandoning the dollar — it's that Harare thinks it has a credible alternative.

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US aligned World Bank warns Zimbabwe over rapid de-dollarisation - Bulawayo24 News

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