Category: Finance

Towards exchange rate stability

MEASURES introduced by the Reserve Bank of Zimbabwe (RBZ) just over a month ago to stymie a precipitous Zimbabwe dollar exchange rate volatility have yielded positive results thus far, economic… Read more »

Zim dollar eases by 6, 4 percent

THE official exchange rate between the Zimbabwe dollar and US dollar moved to US$1:ZWL$76.76 after Tuesday’s auction that saw US$14,3 million being allotted. The weekly foreign currency auction, the sixth… Read more »

Banks rush to make US-dollar cards

BANKS are making frantic efforts to process electronic bank cards required by over 300 000 civil servants and Government pensioners to spend their US dollar-denominated allowances in shops. Government last… Read more »