WebApr 3, 2024 · Updated & Historical USD/ZWL rates available on zimrates.com. ZimRates.com. Twitter. USD / ZWL$ (spread) 1,600: USD / ZWL$ (WBWS Official Mid … WebTHE Reserve Bank of Zimbabwe (RBZ) has increased the interest rate on its overnight window to 50 percent per annum from 15 percent in a bid to tame inflationary... Bulawayo24 NEWS. News . Local; Regional; National; Africa; ... The country's inflation rate rose to nearly 100 percent year-on-year as at May 2024 and 12,5 percent month-on-month, ...

ZimRates.com - USD / ZWL$ Rates

WebApr 8, 2024 · The deputy RBZ governor said that the first drawdown of a US$500 million facility put in place to support the interbank market was done on May 21, adding that depending on the market reaction another drawdown could be done this week as efforts to stabilise the interbank market continues. Webb) Adjust the interest rate on the Reserve Bank overnight window upwards from the current 15% per annum to 50% per annum in line with inflation trends. c) Remove administrative limits on the operation of Bureaux de change and on the cap on margins for banks for interbank foreign exchange transactions. sandy carrington np

Wednesday, 18 January 2024 - rbz.co.zw

WebJun 25, 2024 · HARARE – The Reserve Bank of Zimbabwe (RBZ) says it has put in place letters of credit (LCs) to the tune of US$330 secure importation of basic commodities. In view of prevailing foreign currency shortages, the majority of companies are currently dependent on LCs for critical imports such as raw materials and equipment, which are … WebJan 28, 2024 · THE Reserve Bank of Zimbabwe (RBZ) has ruled out using an interbank-driven exchange rate, saying a rate determined at the foreign currency auction system … sandy carney bristow va