That's why SI 33 of 2019 (Statutory Instrument 33 of 2019) collapsed and failed in Africa. "So, the ultimate destroyer, apart from the confidence issue, the biggest destroyer of de-dollarisation was the government itself. "All countries that use their own currency, their own currency is stored by some measure of law. "All over the world, that's what it does, the US dollar, it's very difficult. So, that's the nature of the dollar."

Source: The Local December 04, 2023 11:23 UTC