BLACK MARKET RATES COLLAPSE
THE value of the United States dollar against the Zimbabwe
dollar on the parallel market has nosedived due to a drop in demand, economists
have said.
The depreciation comes hardly a week after the Reserve Bank
of Zimbabwe (RBZ) reintroduced the us…
THE value of the United States dollar against the Zimbabwe
dollar on the parallel market has nosedived due to a drop in demand, economists
have said.
The depreciation comes hardly a week after the Reserve Bank
of Zimbabwe (RBZ) reintroduced the use of foreign currency for local
transactions in addition to abandoning the managed floating exchange rate as
part of the central bank’s measures to