Zimbabwe Central Bank Deputy Says Time for Dollar Debate Is Over

Innocent Matshe

Photographer: Cynthia R Matonhodze/Bloomberg

Zimbabweans should focus more on their gold-backed currency that’s set to become the sole legal tender by 2030 and less on how to phase out dollar use, according to the central bank’s deputy governor.

“We should talk about mono-currency, the time to talk about de-dollarization is over,” Innocent Matshe said at an annual finance ministry conference Wednesday held in Bulawayo, the nation’s second largest city. “We should think about our own currency, not on how to get rid of another currency.”