Home » RBZ plans exchange rate indexed bonds

RBZ plans exchange rate indexed bonds

0 comments

THE Reserve Bank of Zimbabwe (RBZ) says it plans to introduce exchange rate indexed instruments, with adjustable interest rates, to support the foreign currency auction system. It comes as the suspension of the Zimbabwe Stock Exchange has exacerbated the scarcity of hard currency, as the market had become the major safe haven option amid the…

Subscribe to read full article. Subscribe today

Related Posts

Advertisements
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More