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NEWS & CURRENT AFFAIRS
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Topic : Interbank

Implications of Zim’s currency surrender policy
By forcing exporters to give up a larger share of their foreign currency earnings, RBZ risks discouraging exports.
By Raymond Tendai Rusinga Feb. 11, 2025
Implications of Zim’s currency surrender policy

End RBZ’s quasi-fiscal activities, IMF tells Zim
The RBZ said this week that it was removing the 10% trading margin above the interbank rate as it fine-tunes and further liberalises the foreign exchange market.
By Business Reporter Oct. 26, 2023
End RBZ’s quasi-fiscal activities, IMF tells Zim

Will new decree move the needle?
The foreign currency auction system introduced by the RBZ in June 2020 has been at the centre of most discussions for quite some time now.
By Rufaro Hozheri Jun. 23, 2023
Will new decree move the needle?

Editorial Comment: Stop the threats and fix economic fundamentals
The government and RBZ blame businesses for the local currency’s woes, hence the threats to freeze their accounts and prosecute company directors.
By The Standard Jun. 11, 2023
Editorial Comment: Stop the threats and fix economic fundamentals

Interbank Games give birth to SWVL
SWVL chairperson, Desire Svovanapasi said they gathered and created an initiative to promote wellness in workplaces through volleyball after the 2022 Interbank Games.
By Own Correspondent Jun. 3, 2023
Interbank Games give birth to SWVL

Current banking crisis: Is the glass half-empty or half-full?
There was both a liquidity and credit crunch (shortage) in the US, which spread on to global interbank markets.
By Kevin Tutani May. 19, 2023
Current banking crisis: Is the glass half-empty or half-full?

Weakening Zim currency unsettles fragile industries
The interbank exchange rate rocketed by 68% from US$1:ZW$684 in December last year, to US$1:ZW$930 at the end of March.
By Mthandazo Nyoni May. 19, 2023
Weakening Zim currency unsettles fragile industries

Auction allotments levels remain low
The levels of allotments remained low, cementing a trend that has been true for at least two months now.
By Respect Gwenzi Sep. 16, 2022
Auction allotments levels remain low

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