LATEST: Update on US dollar black market rates

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 parall…

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 […]