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Why does the USA allow Zimbabwe to use the American dollar?

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The United States doesn't have much of a choice! On a basic level, a currency is only as valuable as people believe it is. They demonstrate this belief through the prices they offer for exchange, whether that be in goods, services, or foreign currencies. More people accepting and using the currency adds to its value. read more

It is really not up to the US. And, Zimbabwe is not the only country that uses the US dollar. It is really just up to the other country to arrange to have enough actual currency to circulate to form an economy. read more

According to the United States Federal Reserve, at least five countries have officially adopted the United States dollar as their currency.Several more, like Zimbabwe, use it almost exclusively but hold on to a national currency, even if it is not in circulation. read more

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