RBZ plans forward market

AS government’s quest for an optimal foreign exchange market continues, the Reserve Bank of Zimbabwe (RBZ) this week announced plans for a forward market. A forward market sets a spot price for an asset for future delivery, meaning parties would agree on an exchange rate today, for a transaction to be executed at a future…

Subscribe to read full article. Subscribe today

Related posts

New accounting qualification to boost formalisation

‘IMTT continues to hinder formalisation efforts’

Transport, fuel costs push family basket up

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