WebOct 27, 2024 · The Reserve Bank of Zimbabwe (RBZ) has released its latest results from the Forex Auction System, showing how much was moved. Apparently, the auction system has been subject to abuse. Meanwhile, RBZ’s Financial Intelligence Unit says it is investigating … WebApr 8, 2024 · The Reserve Bank of Zimbabwe raised its policy rate to 35 percent from 15 percent in a bid to curb speculative borrowing amid surging inflation. A month earlier, in May this year, Zimbabwe had recorded an annual inflation rate of 785,55. The month-on-month …
The Herald - Breaking news
WebJul 6, 2024 · The RBZ foreign currency exchange rate system was introduced in June last year to control the black market. ... “Measures taken by the RBZ on 23 June 2024, ... WebApr 13, 2024 · By Staff writer In a new report, UNCTAD projects that annual growth across large parts of the global economy will be below pre-pandemic levels in 2024. High interest rates combined with soaring debt levels will add to the “crushing” effect on developing countries over the coming years, to the tune of at least $800 billion.The UN body says that … greatest news man
RBZ Foreign Exchange Auction Results as at 26 October 2024
WebOct 15, 2024 · Below are the black market foreign currency, Ecocash, ZIPIT, RTGS Dollars, and bond notes exchange rates as of 15 October 2024. Parallel Market Forex Rates BR (Buying Rate) – Rate at which Money Changers buy forex from you SR (Selling Rate) – … WebZIMBABWE’S Balance of Payments (BoP) position remains strong with the economy last month generating US$1,78 billion inflows against expenditure of US$1,6 billion, the central bank said. Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya revealed this at the 2024 Confederation of Zimbabwe Industries (CZI) manufacturing sector survey results … Web902.0 (LCU per US dollars) in March 2024. Last month, exchange rate for Zimbabwe was 902 LCU per US dollars. Exchange rate of Zimbabwe increased from 143.8 LCU per US dollars in April 2024 to 902 LCU per US dollars last month growing at an average annual … greatest newspaper headlines