Spread This NewsBy Alois Vinga THE Reserve Bank of Zimbabwe (RBZ) has said only the interbank market has the authority to ...
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed that only the interbank market has the authority to determine the country’s official exchange rat ...
HARARE - The Reserve Bank of Zimbabwe (RBZ) is facing criticism from economists and market analysts who accuse it of implementing de facto price controls through its recent directives on exchange rate ...
THE Tobacco Industry Marketing Board (TIMB) has urged growers not sell their local currency component on the parallel market ...
The Reserve Bank of Zimbabwe (RBZ) was forced to issue a public relations statement on Wednesday after reports emerged of a resurgent black ...
The black market has resurfaced following the refusal of the ZiG by many retailers owing to its continued devaluation. Introduced in April last year, ZiG was ...
He proposed a forex access window at the RBZ where retailers could obtain foreign currency at interbank rates by processing a certain percentage of sales in ZiG. This would help prevent mismatches ...
According to RBZ Governor Dr John Mushayavanhu ... “The drop in the parallel market exchange rate also reflects the effectiveness of the willing-buyer, willing-seller interbank foreign exchange market ...
With the Zimbabwe Gold (ZiG) currency now largely stable, the Reserve Bank of Zimbabwe (RBZ) has urged banks to increase ...
The interbank money market from which banks extend loans to one another has seen rates drop to the lowest level in more than 14 months, attributed to the recent reduction of the Central Bank of ...