RBZ boss Mangudya’s Monetary Policy simplified: All you need to know … What will happen to prices?

Reserve Bank of Zimbabwe governor John Mangudya on Wednesday effectively redenominated your RTGS balances, as well as bond notes and coins into a currency known as RTGS dollars. He also ended the contentious 1:1 peg against the United States dollar. Th…

Reserve Bank of Zimbabwe governor John Mangudya on Wednesday effectively redenominated your RTGS balances, as well as bond notes and coins into a currency known as RTGS dollars. He also ended the contentious 1:1 peg against the United States dollar. The value of your RTGS balances and bond notes and coins will now be determined […]