Exchange Rate - The Southern Eye

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NEWS & CURRENT AFFAIRS

Topic : Exchange Rate

Zim must listen to IMF concerns

It has always been, but there has been no political will to address the concerns that it has raised.

By The Zimbabwe Independent Feb. 16, 2024

Dump RBZ monetary policies: IMF

The IMF was also in Zimbabwe to conclude Article IV consultations, a mechanism in which the fund advises its members on economic policies.

By Tatira Zwinoira Feb. 15, 2024

A last throw of the dice

This comes on the back of a sharp depreciation of the local currency and the quickened pace towards the use of the US dollar amid calls for full dollarisation of the economy.

By Newsday Feb. 14, 2024

Willdale banks on construction boom

However, the firm was left with ZWL$1,44 to every dollar of short-term debt leaving it liquid enough to fund its 2024 activities.

By Tatira Zwinoira Jan. 1, 2024

Credit creation by banks fuels Zimdollar rout

While the last quarter of the year is still ongoing, these increases could explain the rapid depreciation of the Zimbabwe dollar which has reached a new low of US$1:ZWL$12 000.

By Tatira Zwinoira Dec. 28, 2023

Credit creation by banks fuels Zimdollar rout

A review of the 2024 National Budget

The foreign exchange rate as at November 30 stood at US$1:5 791,08.

By Prosper Chitambara Dec. 8, 2023

Microfinanciers turn to capital preservation strategies

According to Zamfi, this strategy was influenced by its bid to mitigate against the challenges of the exchange rate instability, high inflation and political risks.

By Melody Chikono Sep. 13, 2023