WebApr 8, 2024 · The deputy RBZ governor said that the first drawdown of a US$500 million facility put in place to support the interbank market was done on May 21, adding that depending on the market reaction another drawdown could be done this week as efforts to stabilise the interbank market continues. WebNov 15, 2024 · Africa-Press – Zimbabwe. The Zimbabwe dollar lost further ground against the US dollar at the foreign currency auction conducted by the Reserve Bank of Zimbabwe …
RBZ rules out interbank rate – Zimbabwe Situation
WebThe black market foreign exchange rates, which have been the primary drivers of the galloping inflation in the country since September last year, fell below the official … WebJul 24, 2024 · THE Reserve Bank of Zimbabwe (RBZ) believes the bank’s Tuesday weekly foreign exchange auction platform has drained significant liquidity from the banking … how big is 1.5 cm
February 2024 Exchange Rates African Development Bank
WebJan 17, 2024 · The Zimbabwe dollar has continued to fall in value against the US dollar at the Reserve Bank of Zimbabwe (RBZ) foreign currency auction. At the latest auction … WebJan 10, 2024 · The Zimbabwe dollar depreciated against the US dollar at the foreign currency auction conducted by the Reserve Bank of Zimbabwe (RBZ) today, 10 January … WebGOVERNMENT is working on ensuring efficient functioning of the interbank market to meet the economy's foreign currency requirements and bring sanity to price increases that are driven by black market currency ... but had no intention to chase after and match the black market forex rates with that of the interbank market. "Fundamentally, ... how big is 1.5 acres