BLACK MARKET RATES : THE DAY AFTER
PARALLEL market rates remained stable yesterday following
the decision by Reserve Bank of Zimbabwe Governor Dr John Mangudya to
liberalise the United States dollar exchange rate against Real Time Gross
Settlement balances.
The containment of the p…
PARALLEL market rates remained stable yesterday following
the decision by Reserve Bank of Zimbabwe Governor Dr John Mangudya to
liberalise the United States dollar exchange rate against Real Time Gross
Settlement balances.
The containment of the parallel market rate has been
described by economic analysts as a sign of confidence in the Monetary Policy
measures announced by the central bank.