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*The Market Has Self Re-Dollarised- CZR* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?va Confederation of Zimbabwe Retailers president Denford Mutashu speaking to the Newsday said the market had rejected the Zimbabwe Dollar and many businesses formal and informal were already pricing their goods in forex to guard against inflation. Said Mutashu to Newsday: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > If you check internationally, currency is (about) confidence. Currency must have certain traits, characteristics that are not questionable. It should be used as a medium of exchange without either party feeling prejudiced. So in our case, the challenge we will always have is we are coming out of a multi-currency regime. You can never police a currency or its acceptance in an economy where the market is 70% informal. All those people that you see going to the bank withdrawing cash, you will never see them going back to the bank (to bank it). However, the Finance Minister said the Zim Dollar was here to stay and the government was going to enforce compliance by penalising those charging in foreign currency. More: Newsday _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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