FILE PHOTO: A man walks behind the Reserve Bank of Zimbabwe (RBZ)'s head office in Harare, Zimbabwe, July 17, 2024. REUTERS/Philimon Bulawayo/File Photo HARARE (Reuters) - Zimbabwe's central bank said on Thursday that its monetary policy rate had been kept unchanged at 35%. Spurred by...
"It has come to the attention of the bank that there are some exchange rate manipulators that are exerting pressure on the forex market with the intention of destabilizing the stability that the country has been experiencing over the past four months. Such malpractice is not warranted as money ...
HARARE, May 20 (Xinhua)-- The Reserve Bank of Zimbabwe (RBZ) announced on Monday it had scrapped the 1:1 exchange rate that was being used by oil companies to import fuel in order to curb arbitrage in the industry. The oil companies had continued to use the subsidized exchange rate afte...
The exchange rate from Zimbabwe Dollar to Indian Rupee has recorded0.2322 Indian Rupeefor every 1 Zimbabwe Dollar. Last Updated: Sunday 23 February 2025, 10:01 pm, New Delhi., India ZWD, the Zimbabwean dollar is obsolete. ZWD, the first Zimbabwean dollar was introduced at 1980 at initialZim...
It was introduced in April at a rate of 13.6 ZiG per U.S. dollar and has since lost almost 80% of its value on the black market. The country's central bank on Thursday said it had injected $64 million into the foreign exchange market this month to address dollar demand. "Over the...
First Capital Bank Limited (FCA.vx) listed on the Victoria Falls Stock Exchange under the Banking sector has released its 2024 interim results for the third quarter. Document type: Interim Reports Published: Feb 17, 2025 Year: 2024 Period: Q3 Banking | Zimbabwe OK Zimbabwe Limited (OKZ.zw)...
Notes: Based on data from IMF, World Bank, UN and Eurostat Most recent update: Jan 2025 Source: Statista Market Insights Contact Get in touch with us. We are happy to help. usussgsgjpjpeueulatamlatam Meredith Alda Sales Manager Emailsupport@statista.com Tel+1 914 619-5895 Mon - Fri, ...
Apparently taking heed of recent advice from the International MF and the South African Reserve Bank governor Tito Mboweni, whom he met last week, Mr Gono reversed a number of measures announced only two months ago. The special 5 per cent interest rate for exporters has been abolished as also...
He told the Zimbabwe Broadcasting Corporation that the interbank rate of the RTGS dollar will strengthen against the greenback as the current rates are purely speculative. “The fundamentals are now in place. We have a fiscal surplus. We have a balance of payments surplus. People laugh at that...
Zimbabwe continues to battle extreme inflation. As of March 2024, inflation was running at an annual rate of 55.3%. The Zimbabwe Gold (ZiG) Currency In April 2024, Zimbabwe introduced the Zimbabwe Gold (ZiG) currency. Backed by bullion and foreign currency reserves held by the central bank, ...