RBZ reinstates 30-day forex liquidation

RBZ reinstates 30-day forex liquidation

Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Tuesday the statutory 30-day forex liquidation period will be restored once again from next month to help lubricate the inter-bank market. In February 2019, the RBZ introduced a 30-day retention...
RBZ to publish fuel funding stats

RBZ to publish fuel funding stats

Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Tuesday it will be publishing financing facilities availed to fuel companies on a weekly basis as the country continues to battle crippling shortages that have gone on for years. There has been...
RBZ raises $200 mln through TBs

RBZ raises $200 mln through TBs

Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Wednesday it successfully raised $200 million it had targeted in its first treasury bill (TBs) issue this year. The central bank on Monday returned to the market for the first time in 2020 to...
Zim to fully de-dollarise in five years – RBZ

Zim to fully de-dollarise in five years – RBZ

Harare, (New Ziana) – Zimbabwe expects to completely wean its economy from continued use of the United States dollar in domestic trading in five years after the re-introduction of the local currency last year as the sole legal tender, the central bank said on Monday....
RBZ keeps interest rate at 35%

RBZ keeps interest rate at 35%

Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) on Monday left the overnight accommodation rate unchanged at 35 percent, and forecast annual inflation to close the year at around 50 percent. Presenting a bullish first half monetary policy statement, central...

Powered by
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
Powered by