The government relaunched the Zimbabwean dollar in 2019
after a decade of dollarisation, but in 2020 it authorised the
use of foreign currencies as part of measures to respond to the
COVID-19 pandemic.
Last year, it said the multi-currency system would be
maintained for a further five years.
Blended inflation for February stood at 92.3% year-on-year
compared to 101.5% in January, the statistics agency said.
(Reporting by Nyasha Chingono and Nellie Peyton
Editing by Alexander Winning and Christina Fincher)
HARARE, March 3 (Reuters) - Zimbabwe will from now on
measure inflation using a weighted average of items priced in
Zimbabwean dollars and U.S. dollars, the government said on
Friday.
Previously the official rate was based only on items in the
local currency.
The U.S. dollar is widely used in the southern African
country alongside the Zimbabwean dollar and South African rand.
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