The Role of the Financial Sector in Zimbabwe, Central Banking and its Social and Economic Impacts’

then it became harder to deposit cash as the return was zero. As inflation increases, public cues increases during month end, so as to withdraw cash quickly before inflation does its job of value reduction.”

 

“The crisis made me poorer, all my money in the bank which I saved for years was reduced to nothing.”

 

“Companies were now paying people twice a month, money has lost its value.”

 

“It was profitable to invest in the shares, as the price was shooting day by day, but the economy was not

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