The Reserve Financial institution of Zimbabwe (RBZ) on Tuesday allayed fears that using international foreign money as authorized tender was now not allowed.
Zimbabweans use a basket of foreign currency echange for transactions – particularly the U.S. greenback – along with the Zimbabwe greenback.
Nonetheless, there have lately been varied studies on social media purporting that the central financial institution had banned using the U.S. greenback as authorized tender, inflicting some folks to panic and prompting the central financial institution to reply.
RBZ governor John Mangudya mentioned in an announcement that individuals who had been purveying such messages had been irresponsible and mischievous and had been bent on inflicting panic amongst members of the general public.
“These articles and statements are false and needs to be handled with the contempt they deserve, as there isn’t any coverage or regulation that prohibits using international foreign money in Zimbabwe as alleged,” Mangudya mentioned.
He mentioned the statements had been meant to discredit the Zimbabwean authorities and the central financial institution’s “progressive efforts and achievements in stabilizing and rising the economic system.”