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...
A till operator collects new bond notes from a shopper at a supermarket in the capital Harare, Zimbabwe, November 28, 2016.REUTERS/Philimon Bulawayo Spread the love Convergence of formal and black market exchange rates will never be achieved unless structural inadequacies in the financial services ...
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 ...
Lewis Machipisa
Citizen journalism and the parallel market of information in Zimbabwe's 2008 election. Journalism Studies 10(4): 551-567.Moyo D (2009) Citizen journalism and the parallel market of information in Zimbabwe's 2008 election. Journalism Studies 10(4): 551-567...
our app stands as a beacon of financial resilience. Featuring currencies from countries facing inflation challenges, including the Lebanese pound, Syrian pound, Argentine Peso, Iranian Rial, Nigerian Naira, Egyptian pound, Ghanaian Cedi, Pakistan Rupee, Ethiopian Birr, Zimbabwean Dollar, and Venezuelan...
Muňoz, S. (2006), `Zimbabwe's Export Performance: The Impact of Parallel Markets and Governance Factors', IMF Working Paper WP/06/28.xxvi. Munoz, S, (2006) "Zimbabwe's Export Performance: The Impact of the Parallel Market and Governance Factors", IMF Working Paper 28....
our app stands as a beacon of financial resilience. Featuring currencies from countries facing inflation challenges, including the Lebanese pound, Syrian pound, Argentine Peso, Iranian Rial, Nigerian Naira, Egyptian pound, Ghanaian Cedi, Pakistan Rupee, Ethiopian Birr, Zimbabwean Dollar, and Venezuelan...
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...