U.S. dollar usage surge draws concern in Zimbabwe as local dollar slides

HARARE, Feb. 24 (Xinhua) -- Despite not being officially dollarized, the Zimbabwean economy has largely accepted the U.S. dollar as the medium of trade, as indicated by the growing trend towards U.S. dollar usage in domestic transactions.

"So while we are still legally speaking in a dual currency framework, statistics from the Zimbabwe National Statistics Agency (ZIMSTAT) have actually shown that more than 75 pe