ZIMBABWE: Currency reform treats symptoms, not problem

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In this article

  • Reform objectives
  • Redenomination
  • Currency devaluation
  • Changeover time limits
  • Deposits limits
  • Unexpected impacts
  • Transition costs
  • Commercial congestion
  • Rush on goods
  • Rural areas deceived
  • Raised counterfeit threat
  • Political fallout
  • Inflation drivers
  • Excessive government spending
  • Foreign exchange shortage
  • Shortage economy
  • Short-term business perspective
  • Treating symptoms
  • Price controls
  • Limits of 'looking east'

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.