26 NEW BUREAUX DE CHANGE OPERATORS LICENCED

THE Reserve Bank of Zimbabwe (RBZ) has licensed 26 new bureaux de change operators to facilitate the smooth operation of the inter-bank foreign currency exchange market. The move is in line with the 2019 monetary policy guidelines, which has established the inter-bank facility on a ‘willing buyer willing seller’ basis. The new framework is a departure from the 1:1 parity between the USD