BY EPHRAIM CHAWONEKAAdvertisements CREDIT ratings have become an essential part of global finance. From New York to Frankfurt, Tokyo to London, ratings assigned by international credit rating agencies are important for banks, investors, and regulators assess risk. They influence whether a bond is admitted into a benchmark index, how much capital a bank must hold…
Credit ratings: Zimbabwe’s comparison with global practice
The RBZ said export earnings dominated the foreign currency receipt basket, accounting for an average of 71 percent of total inflows.