‘RBZ de-dollarised the economy by informally re-introducing the Zim dollar through the back door’

The Reserve Bank of Zimbabwe (RBZ) has established an inter-bank foreign currency market, where banks and bureau de change would trade in currency including RTGS dollars on a willing buyer, willing seller basis. Presenting the 2019 Monetary Policy statement in Harare this afternoon, RBZ Governor, Dr John Mangudya said the interbank system, which will see […]