RBZ value preservation facility ‘promising’

CZI said the inflation movements confirm that US dollar inflation is influenced by ZiG inflation, as retailers adjust their prices in line with ZiG prices to avoid prosecution by the FIU for using the parallel market rates.

THE introduction of a US dollar-denominated deposit facility (USDDDF) will protect exporters from potential foreign exchange losses on the surrender portion of their earnings, research firm FBC Securities has stated.The facility was introduced in the 2025 Monetary Policy Statement to safeguard value preservation.“Exporters with no immediate use for the Zimbabwe Gold (ZiG) equivalent of the…

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