RBZ Foresees ZiG Unseating US Dollar as Zimbabwe's Dominant Transaction Currency
The Reserve Bank of Zimbabwe (RBZ) signaled that the ZiG currency is on a steady path to eventually unseat the US dollar in everyday transactions. The central bank's projection sets up a direct clash with entrenched market preferences, as the economy remains heavily dollarized. The friction centers on the RBZ's confidence against persistent public skepticism and the structural demand for greenbacks. The core vulnerability is the ZiG's stability; any failure to maintain its value will instantly shatter the de-dollarization timeline and trigger a flight back to hard currency.