WebFeb 3, 2024 · RBZ cuts interest rates. THE Reserve Bank of Zimbabwe (RBZ) has slashed interest rates by 50 percentage points and increased the portion of earnings that exporters can keep in foreign currency to 75% from 60% previously. The announcement was made in the central bank’s February 2024 monetary policy statement (MPS) released yesterday. WebJul 28, 2024 · According to the guidelines released by the central bank on Monday last week, the apex bank said residents and international buyers should be allowed to take out (export) the gold coins supported by the bearer certificate for each coin. “Exporting entities shall buy Mosi-oa-Tunya gold coins in foreign currency from their retained export ...
RBZ cuts interest rates – Zimbabwe Situation
WebOct 5, 2024 · Reserve Bank of Zimbabwe (RBZ) The Zimbabwe dollar has lost further ground against the US dollar as indicated by the results of the Reserve Bank of Zimbabwe (RBZ) foreign currency (forex) auction conducted on Tuesday, 05 October 2024. Last week the weighted average was US$1: ZWL$87.6653 and fell to US$1: ZWL$88.5532 this week. Web2 days ago · The Reserve Bank of Zimbabwe (RBZ) has released results of the latest foreign currency auction with the local currency not performing so well. Apparently, the main … csd canteen chennai
RBZ latest foreign currency auction results Zim News
WebAug 22, 2024 · The stability in exchange rates, still below the parallel market rates of $90:US$1 to $120:US$1 seen before the auctions, had stabilised prices and brought inflationary trends crashing south. This ... WebMay 26, 2024 · The foreign currency situation is anticipated to cascade down and in turn arrest the rising prices of goods and services. RBZ governor Dr John Mangudya, told The Sunday Mail yesterday that between Tuesday and Friday, US$40 million moved to the interbank market on a willing-buyer willing-seller basis. WebJun 24, 2024 · The average exchange rate for the Zimbabwe dollar against the US dollar was virtually unchanged at $85,36 on Tuesday from $85,24 last week on the Reserve Bank of … dyson founder brexit