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RBZ to prioritise international reserves as ZWL maintains crawling pattern at...

HARARE – The local currency maintained a crawling pattern on Tuesday, depreciating a marginal 0.044% to 81.7102 against the US dollar from...

Chengetedzai increases collateral pledged to RBZ as new accounts rise

HARARE (FinX) – Chengetedzai Security Depository (CSD) has increased collateral security pledged to the Reserve Bank of Zimbabwe to ZWL $261 million...

De-centralize forex auction – ZNCC

Reason RazaoThe foreign currency auction is still not interactive with customers because of the Reserve Bank of Zimbabwe’s firm grip on the...

Eddie Cross rubbishes re-dollarization

Farai MabezaReserve Bank of Zimbabwe Monetary Policy Committee member and former MDC parliamentarian Eddie Cross has rubbished suggestions that Zimbabwe should re-dollarize...

RBZ pledges to make gold payments next week

HARARE - The Reserve Bank of Zimbabwe will start paying gold producers their outstanding money next week following a meeting with the...

Towards a free market economy for Zimbabwe

Joseph Mverecha Introduction Our times are uniquely difficult and have been for a while, with limited respite. The economy is dollarizing rapidly while the local currency...

Money and Economy in Zimbabwean History: A Concise Currency Timeline

The end of Chartered Rule, entrenchment of white self-government and African economic disempowerment: Currencies, and the consolidation of Racialised Economic Spaces, 1920-1930 Tinashe Nyamunda In the...

Fuel prices up as ZERA admits arbitrage is a big worry

HARARE - The Zimbabwe Energy Regulatory Authority has hiked the price of fuel, although it remains below US$1, after admitting that pricing could not...

RBZ tightens internal bank transfers to stop illicit fx trades

HARARE - The Reserve Bank of Zimbabwe, through the Financial Intelligence Unit, has instructed banks to to limit internal transfers to two per day...

RBZ caps ZIPIT transactions to stop illicit forex trades

Farai Mabeza The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has directed all banks to temporarily review all ZIPIT transaction limits downwards to $20 000...

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