WebOct 19, 2024 · At this week’s Reserve Bank of Zimbabwe (RBZ) foreign currency auction conducted on 18 October 2024, a total of US$11.7 million was allotted. The bulk of the allotment went to raw materials followed by machinery and equipment, the same as last week. About 106 bids were received on the Small to Medium Enterprises Forex Auction, … WebJun 24, 2024 · The MPC reviewed interest rates and statutory reserves with effect from 1st July 2024 as follows: i. Increasing the Bank policy rate from 80% to 200% per annum; ii. Increasing the Medium Term Accommodation interest rate from 50% to 100% per annum; iii. Increasing the minimum deposit rate for ZW$ savings from the current 12,5% to 40% per …
RBZ slams retailers’ speculative pricing eBusiness Weekly
WebOct 11, 2024 · 11 Oct. 2024. The Zimbabwe dollar has continued its downward spiral against the US dollar. According to the results of the official foreign currency auction conducted by the Reserve Bank of Zimbabwe (RBZ) today, 11 October 2024, the weighted average rate has fallen to US$1: ZWL$628.1975. Last week, the foreign exchange weighted average … WebTHE Reserve Bank of Zimbabwe (RBZ) violated the in duplum rule by increasing the bank interest rate to 200% from 80% with indications that the market could be bracing for more economic shocks and litigations, market watchers have warned. crystal in glass bottle
Interest Rates - Zimbabwe Data Portal
WebOct 16, 2024 · 16 Oct, 2024 - 00:10 2024-10-15T21:34:10+00:00 2024-10-16T00 ... eBusiness Weekly. Tawanda Musarurwa. The Reserve Bank of Zimbabwe (RBZ) has chosen to maintain the overnight accommodation ... “Interest rates must be lowered to 20 percent from 35 percent and loans must be restructured so as to allow businesses to recover,” said ... WebApr 7, 2024 · The Confederation of Zimbabwe Industries, the largest business lobby group in the country, in October warned a policy response from authorities was needed to save the local unit from collapse. "Such a gap plays havoc" for companies, John Legat, the chief executive officer of Imara, said. WebRBZ Sports Club; Divisions. Bank Secretary, Legal Services & Corporate Affairs; ... FOREIGN EXCHANGE AUCTION RESULTS: SMEFX132/2024 & MAIN FX138/2024 - 11/04/2024 ... October 2024 DATE AUCTION RATE INTERBANK RATE; 03.pdf [059 KB] .pdf [059 KB] 04.pdf [058 KB] .pdf [058 KB] 05 dwight bernard