Nov. 30, 2020
Zimbabwe’s government has ruled out adopting the U.S. dollar as its default tender again, saying it won’t repeat its past mistake of abandoning the local currency.
June 24, 2019
Government has outlawed the use of multiple currencies through new regulations that compel all forms of transacting to be done in local currency, now formally known as Zimbabwe dollar. Through Statutory Instrument (SI) 142 of 2019, known as Reserve Bank of Zimbabwe (Legal Tender) Regulations, the Government abolished the use of British pound, United States dollar, South African rand, Botswana pula and any other foreign currencies, as legal tender.
Oct. 14, 2018