Growing disparity between official and parallel market exchange rates has a destabilising effect on formal businesses that must now price their goods and services in the cost of expensive foreign currency from the open market. While the bulk of registered businesses in Zimbabwe now procure their forex...
Turning to the control of liquidity (Zimbabwe dollar), Prof Mugano said that there were also structural challenges with few corporates controlling bank deposits. “Again it also tells you that when they (few businesses controlling bank deposits) go to participate in the foreign exchange market, th...
ANALYSTS say claims by monetary and fiscal authorities that the interbank market and the parallel market for foreign currency will converge are highly unlikely in the absence of a sustained supply of foreign currency.Both the Minister of Finance, Mthuli Ncube and the Reserve Bank of Zimbabwe ...
Brought to life through the innovation of Bloomberg open source projects, our app boasts an intelligent AI system, seamlessly navigating the intricate dance of parallel market shifts. From supply-demand dynamics to technical and fundamental indicators, our app leaves no stone unturned. Employing a met...
seamlessly navigating the intricate dance of parallel market shifts. From supply-demand dynamics to technical and fundamental indicators, our app leaves no stone unturned. Employing a meticulous bottom-up methodology, it unveils the street value rate, decoding the nuanced interplay between supply and de...
It is also quite telling that for such contractors to offer high foreign currency rates for their Zimbabwe dollars which are in short supply on the formal market, they would have inflated their prices on tendering for the projects, perhaps to create headroom from which they could grease the pal...
Brought to life through the innovation of Bloomberg open source projects, our app boasts an intelligent AI system, seamlessly navigating the intricate dance of parallel market shifts. From supply-demand dynamics to technical and fundamental indicators, our app leaves no stone unturned. Employing a met...
seamlessly navigating the intricate dance of parallel market shifts. From supply-demand dynamics to technical and fundamental indicators, our app leaves no stone unturned. Employing a meticulous bottom-up methodology, it unveils the street value rate, decoding the nuanced interplay between supply and de...
seamlessly navigating the intricate dance of parallel market shifts. From supply-demand dynamics to technical and fundamental indicators, our app leaves no stone unturned. Employing a meticulous bottom-up methodology, it unveils the street value rate, decoding the nuanced interplay between supply and de...
seamlessly navigating the intricate dance of parallel market shifts. From supply-demand dynamics to technical and fundamental indicators, our app leaves no stone unturned. Employing a meticulous bottom-up methodology, it unveils the street value rate, decoding the nuanced interplay between supply and de...