RBZ tames volatile currency parallel market

RBZ governor John Mushayavanhu

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. 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 over…

Subscribe to read full article. Subscribe today

Related posts

‘MSME database to strengthen policy-making’

Lithium sulphate to boost exports in 2027

‘Let’s build homegrown digital solutions’

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