RBZ tames volatile currency parallel market

RBZ governor John Mushayavanhu

Advertisements AUTHORITIES say the gap between the official exchange rate and the parallel market has narrowed sharply to 20 percent, marking a milestone in the stabilisation of the ZiG.Advertisements This comes after the country experienced sharp exchange rate spikes in 2024, prompting the government to introduce the gold-backed ZiG currency, which has remained stable for…

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