Zimbabwe has experienced exchange rate volatility and rapid depreciation of the local currency despite earning nearly US$10 billion foreign currency last year and several billions in FCA deposits, the local currency has continued to fall. According to the RBZ governor and MPC chairperson Dr John Mang...
According to the RBZ, the move is in response to changing local and global economic dynamics which include current exchange rate and economic stability as well as the slashing down of expected global growth rates from 3.8 percent to 3 percent. The Bank has also removed all special dispensations...
The rate of increase in prices has largely been driven by a widening parallel market rate. However, a recent meeting between the Government, RBZ and business on October 11, 2021 has helped stabilise the parallel market exchange rate. RBZ governor Dr John Mangudya is confident stability would anc...
However, experts remain cautious, noting concerns about the sustainability of the country's monetary policies. While the introduction of a new currency has brought stability, analysts warn that pegging the exchange rate could lead to complications in managing the money supply and interest rates....
Notably, Dr Mangudya said a certain level of money supply expansion was critical in order to drive growth of any economy, globally. The introduction of the auction system has been credited with relative price stability now prevailing in the economy, after annual inflation rate raced to post dolla...
The period of exchange rate stability has not ended scepticism about government policy. The Confederation of Zimbabwe Industries, which campaigned for the auction, has backed the auction, but said this is a “fragile stability” needing other supporting pillars to sustain it. ...
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Real-time Display of Vacuum Value Equipped with a vacuum detection function, can set standard vacuum detection values on placement head flexibly, all information can be displayed visually on the placement head. Linear rail design for X, Y axis to ensure accuracy and sta...
As the industrial automation technology develops rapidly, the cam indexer, known for its high precision, great stability, and long-lasting performance, has become the mainstream drive institution in all fields.1). Simple structure: mere mechanical structure, composed of the cam and division...
Melt mass-flow rate(MFR) Change of MFR byprocessing ± 20 % Load=5KGSTest temperature=190ºCTest period=10min. ISO 1133:2005 Oxidation induction time ≥ 20 min Test temperature=210ºCTest Piece=3 ISO 11357-6 Hydrostatic strengthat 20 °C No failure of any ...