RBZ to build FX reserves

RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya says the government will soon start setting aside part of the country’s export proceeds to build up foreign currency reserves. According to Treasury, Zimbabwe’s international reserve position has been averaging 0,7 months of import cover, far below the global benchmark of three months and its desired target…

Subscribe to read full article. Subscribe today

Related posts

Zimbabwe is set to sustain economic trajectory

Trade deficit widens in April

ZSE eases listing rules

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