SOAS University of London

Deputy Governor of the Reserve Bank of Zimbabwe to discuss dollarisation at SOAS

4 October 2018

SOAS University of London’s Centre of Global Finance will be hosting Dr Kupukile Mlambo, Deputy Governor of the Reserve Bank of Zimbabwe next week.

Dr Kupukile Mlambo was appointed Deputy Governor of the Reserve Bank of Zimbabwe (RBZ) in July 2012 and is in charge of economic research, policy and finance. As Deputy Governor, Dr Mlambo is also a member of the RBZ Board of Directors, Human Resources and Banking Sector Stability Committees. He joined the RBZ from the African Development Bank where he was Regional Director, in charge of country strategy formulation, country portfolio programming and management as well as leading policy dialogue in seven countries in East Africa.

The conventional experience today is that each sovereign country has a central bank that issues the national currency. But history has shown that under extraordinary circumstances, some countries have departed from the convention in a number of ways, including the special case where the central bank of a sovereign state (other than the US) adopts the US Dollar as the national currency - so called dollarisation. Dr Mlambo will be discussing how dollarization really works and sharing his insight on dollarisation in Zimbabwe.

The event, ‘Central banking in a dollarised environment: Insights from Zimbabwe’ will be held on 9 October 2018 from 18:00-20:00 in the Court Room of Senate House, London.

Professor Victor Murinde, AXA Chair in Global Finance and Director of the Centre for Global Finance and Professor Reinhard Bachmann, Head of the School of Finance and Management, will also be speaking at the event.