Harare, (New Ziana) – The Zimbabwe dollar on Tuesday slid 4.7 percent against the United States dollar to settle at $72.15 at the weekly foreign currency auction, the Reserve Bank of Zimbabwe (RBZ) said. This was the fifth straight time the local currency has depreciated against the greenback since it was allowed to freely float […]
Harare, July 07, 2020 (New Ziana) – The Zimbabwean dollar lost ground again against the greenback at Tuesday’s auction, the third consecutive week it has slid since it was allowed to freely float. It depreciated three percent to $65.87 to the US dollar in Tuesday’s trade, which was marginal compared to 50 percent and 11 […]
Harare,(New Ziana) – Government will carefully look at the obtaining situation in the economy regarding cash accessibility with a view to progressively lift the $300 weekly withdrawal limit imposed by the Reserve Bank of Zimbabwe (RBZ),Parliament heard on Wednesday. With the central bank having started injecting new Zimbabwe dollar notes into the market on Tuesday, […]
Harare (New Ziana) – The new two and five Zimbabwe dollar notes that are set to be introduced into circulation by mid-November will have the same appearance and features as bond notes of the same value that are already in circulation, the Ministry of Finance and Economic Development has said. The Reserve Bank of Zimbabwe […]