The Chronicle - Breaking news
WEB3 days ago · THE Reserve Bank of Zimbabwe (RBZ) has increased the bank policy rate from 20 percent to 35 percent with immediate effect, and capped at US$2 000 from US$10 000, the amount of foreign currency an ...
RBZ devalues ZiG. . . it’s too little too late, says analyst
WEB3 days ago · The dollar is trading at between ZiG35 and ZiG40 on the parallel market. THE Reserve Bank of Zimbabwe (RBZ) yesterday devalued the Zimbabwe Gold (ZiG) to ZiG24,39 per dollar from ZiG13,99 in the ...
RBZ
WEBFinancial Technology is rapidly advancing innovation in financial services with new risks and emerging threats as well as new business models and technology use cases. All of which may have implications for financial stability and monetary policy. In this regard, the Reserve Bank is taking a collaborative approach through interagency ...
Zimbabwe knocks 40% off value of gold-backed currency - BBC
WEB4 days ago · The Reserve Bank of Zimbabwe (RBZ) made the decision to slash the local exchange rate to 24 Zig to $1 (£0.75) on Friday. ... Go to BBCAfrica.com for more news from the African continent.
Zimbabwe’s new gold-backed digital currency: All you need to know
WEBMay 9, 2023 · Harare, Zimbabwe – On Monday, Zimbabwe released a gold-backed digital currency for peer-to-peer and peer-to-business transactions as well as to act as a store of value as the country’s currency...
The RBZ Unveils Sweeping Monetary Policy Changes: What It …
WEB4 days ago · Key Policy Changes. The Monetary Policy Committee (MPC) of the RBZ has implemented several crucial policy adjustments: Bank Policy Rate Increase: The rate has been raised from 20% to 35% with immediate effect. Exchange Rate Flexibility: The RBZ will allow greater flexibility in exchange rates, aligning with …
The Herald - Breaking news.
WEBApr 4, 2024 · President Mnangagwa tours RBZ vaults, takes stock of country’s gold reserves. President Mnangagwa this morning inspected the Reserve Bank of Zimbabwe gold reserves ahead of the country's monetary...
John Mushayavanhu appointed new RBZ governor - Business Times
WEBDec 9, 2023 · President Emmerson Mnangagwa has appointed FBC Holdings Limited Group CEO, Dr John Mushayavanhu, as the new governor of the Reserve Bank of Zimbabwe (RBZ). He will replace Dr John Mangudya whose second term ends in …
ED appoints new RBZ governor - NewsDay Zimbabwe
WEBDec 9, 2023 · PRESIDENT Emmerson Mnangagwa has appointed FBC Holdings Limited CEO John Mushayavanhu as new Reserve Bank of Zimbabwe (RBZ) governor. He will replace John Mangudya whose term comes to an end on...
Zimbabwe: RBZ Cuts Policy Rate to 20 Percent, Bets On New …
WEBApr 8, 2024 · The Reserve Bank of Zimbabwe (RBZ) has cut the policy rate to 20 percent from 130 percent previously as it bets on measures to stabilize the newly introduced Zimbabwe Gold (ZiG) currency.