Reserve Bank Of Zimbabwe - The Zimbabwe Independent

Topic : Reserve Bank Of Zimbabwe

Banks strengthen stability as US dollar inflows surge

Foreign currency deposits surging 13% to US$2,64 billion in October 2024 compared to the same period last year

By Mthandazo Nyoni 1h ago

Banks strengthen stability as US dollar inflows surge

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Treasury defends punitive taxes

He said a government intervention could help in that regard.

By Blessed Ndlovu Dec. 8, 2024

Global struggle against money laundering, terrorism financing

This is because the international community has witnessed the use of increasingly sophisticated methods to move illicit funds through financial systems across the globe.

By Tatira Zwinoira Dec. 6, 2024

Global struggle against money laundering, terrorism financing

RBZ keeps rates steady

After the ZiG currency had its biggest single-day drop in September to US$1:ZiG24,39 from a prior-day comparative of US$1:ZiG13,99, the market has become volatile.

By Tafadzwa Mhlanga Dec. 5, 2024

2025 budget: All eyes on Mthuli

In September, the Reserve Bank of Zimbabwe devalued the ZiG to US$1:ZiG24,39 from the prior day’s exchange rate of 1: 13,99.

By Harriet Chikandiwa and Julia Ndlela Nov. 28, 2024

Tourism players tipped on exchange control regulations

Foreign currency retention thresholds remain standardised at 75% across all sectors except for small-scale gold producers.

By Julia Ndlela Nov. 24, 2024

Tourism players tipped on exchange control regulations

RBZ bemoans lack of confidence in ZiG

This comes despite the currency firming against the dollar, trading at ZiG25,4834 per dollar on the interbank market yesterday from ZiG28,6829 on November 1.

By Melody Chikono Nov. 13, 2024

Panic not inflation is under control: RBZ

However, the RBZ remains confident that stabilising gold prices, coupled with the country’s rich human capital and natural resources, will help restore economic balance.

By Blessed Ndlovu Nov. 8, 2024

Panic not inflation is under control: RBZ

Lack of disclosure hurts ZiG, says top banker

Zimbabwe’s government has faced persistent challenges in stabilising its currency since 2009, with repeated attempts failing largely due to public mistrust.

By Tafadzwa Mhlanga and Freeman Makopa Nov. 8, 2024