RBZ plans exchange rate indexed bonds

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

Growth outlook cheery: Experts

Mideast conflicts unsettle industry

Tobacco auction floors open 

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