That automatically told the market which way the rate should go. The result was that the interbank had not performed to expectations, with many unanswered questions around the selection process of ...

Failure to do so will see them relieved of their forex at the same rate. To date over $33 million has been traded on the interbank foreign exchange market. It seems everyone from the RBZ is ...

THE Reserve Bank of Zimbabwe (RBZ) has said only the interbank market has the authority to determine the official rate, clearing the confusion around the interpretation of market-determined ...

RBZ also introduced smaller gold coins in units of a tenth ounce, quarter ounce and half an ounce, with the smallest coin containing just over 3.11 grams of gold costing US$188.48 or local currency ...

The RBZ is understood to be concerned with the ... in food prices on the movement of the exchange rate on the interbank rate. President Robert Mugabe has accused businesses of profiteering.

The Reserve Bank of Zimbabwe (RBZ) has lauded the continued decline in monthly inflation as a key indicator of growing economic stability, with both local and ...

RBZ also introduced smaller gold coins in units ... of gold costing US$188.48 or local currency equivalent at the interbank rate. In its latest Economic Review, Zimbabwe Coalition on Debt and ...

RBZ governor Dr John Mangudya introduced the ... tightly held to their funds amid concerns of perceived low interbank rate. Alternatively, the banks would make special arrangements between clients ...

The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in ...

HARARE (Reuters) - Zimbabwe's new currency traded at 2.7 against the U.S. dollar on the interbank market ... the exchange rate. Reserve Bank of Zimbabwe (RBZ) data showed the mid rate was at ...