2.First-rate; excellent:a capital idea. 3.Relating to or being a seat of government. 4.Extremely serious:a capital blunder. 5.Involving death or calling for the death penalty:a capital offense. 6.Of or relating to financial assets, especially being or related to those financial assets that...
HARARE - The Zimbabwe dollar today fell by 89 cents to average $88.5532 at today’s foreign currency auction which saw 1 608 entities allotted US$46.5 million. The fall came as the Reserve Bank of Zimbabwe named 47 individuals whom it said were involved
Announcing 'Project Sunrise', Reserve Bank of Zimbabwe governor Gideon Gono said the introduction of a new set of banknotes, dubbed 'little heroes', would help Zimbabwean consumers deal with the country's hyperinflation, the highest inflation rate in the world. This 'rebasing' of the Zimbabwe...
thereby inflaming the exchange rate. The International Monetary Fund has urged Zimbabwean authorities to work towards convergence of the exchange rate regime as the current mismatches have deepened arbitrage opportunities.
Together with the spread of more transmissible variants this increases the continent’s mortality rate among critically ill COVID-19 patients, he told reporters in a briefing Monday. “Right now the virus is moving faster than the global distribution of vaccines,” he said. Public health and soc...
Earlier today, the Reserve Bank of Zimbabwe (“the Bank”) issued a statement raising its concern on the illegal activities of foreign exchange rate manipulators who have been engaging in activities that have exerted pressure on the exchange rate in the last few days. The Bank escalated the mat...