Recent reports indicate that some major retail outlets are now selling goods in US dollars because of the instability of the RTGS dollars. One such retailer is TV and Sales. Writing on social media, renowned award-winning journalist Hopewell Chin’ono said:
Shops have gotten tired of the RBZ tomfoolery and are starting to price their goods strictly in US Dollars. Whilst the parallel market is not trading or has lowered the rate, TV and Sales is using a rate of 6.5 to the USD. This makes doing business or buying absolutely difficult!
Zimbabwe RTGS Dollars are a Zimbabwean currency introduced on 20 February 2019 by the Reserve Bank of Zimbabwe. At introduction, the currency consisted of existing RTGS balances in bank accounts, Bond Notes cash and Bond Coins. The introduction of the RTGS Dollars was announced by... Read More About RTGS Dollars
Hopewell Chin'ono is a Zimbabwean journalist and documentary film maker. He has won numerous awards in journalism and has worked in both print and broadcasting journalism.Hopewell did a fellowship at Harvard as part of winning the CNN African journalist of the year. Read More About Hopewell Chin'ono