HomeAnalysisBond notes morphed into RTGS dollar: Rebirth of the Zim dollar

Bond notes morphed into RTGS dollar: Rebirth of the Zim dollar

Zimbabwean central bank authorities have a traceable record of overnight monetary policy changes. Memories of the former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono era of monetary policy hip-hop are still fresh in the mind. Having failed to extinguish the currency crisis, the monetary authorities joined the political bandwagon of peddling the sanctions mantra as the primary driver of the Zimbabwean economic demise.

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