"Most Zimbabweans Will Welcome Yesterday’s Monetary Policy Statement" - The Herald

In its commentary today, government-controlled daily publication, The Herald, has said that most people will welcome the new currency and policy measures announced by the reserve bank yesterday.

Said the Herald:

Almost all in business and most Zimbabweans will welcome yesterday’s Monetary Policy Statement that legalises and tackles the parallel currency market, and gives more agency to the Reserve Bank of Zimbabwe management of exchange controls, bans dual pricing for goods and services in Zimbabwe, and ensures that exporters must use or sell their retained forex earnings within 30 days.

The developments should bring down, or at least stabilise, many prices that had been racing out of control and reverse the creeping dollarisation of the economy.

More: The Herald