January 6, 2023Staff ReporterBanking,Money and Banking0 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...
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...
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...
Munoz S. (2006), Zimbabwe's Export Performance: the Impact of the Parallel Market and Governance Factors, IMF Working Paper 06/28Sonia Munoz (2006). Zimbabwe's Export Performance: The Impact of the Parallel MarketMuňoz, S. (2006), `Zimbabwe's Export Performance: The Impact of Parallel ...
And yet, the Zimbabwean dollar has continued to lose ground against major currencies on the alternative market despite these positive fundamentals. The currency instability that has seen rates on the black market exceeding the internationally acceptable 15% margin by as much as 40%, has previously ...