Zimbabwe finmin says individuals can withdraw U.S. cash after ending dollarisation

Prof Mthuli Ncube in Parliament

HARARE (Reuters) – Individuals will be allowed to withdraw cash U.S. dollars from foreign currency accounts but companies will be limited, Zimbabwe’s Finance Minister Mthuli Ncube told lawmakers in parliament on Monday.

Zimbabwe made its interim currency, the RTGS dollar introduced in February, the country’s sole legal tender last Monday, ending a decade of dollarisation and taking a another step towards relaunching the Zimbabwean dollar.