Zimbabwe’s central bank will hold its first rate-setting meeting of the year next Monday as it seeks to deal with a currency rout. The monetary policy committee will meet “to discuss interventions to ...

HARARE, March 18 (Reuters) - The official exchange rate for Zimbabwe's dollar fell 32% on Wednesday against the greenback, its biggest daily fall since the minister of finance announced last week that ...

Zimbabwe’s currency weakened almost 14% in the weekly central bank auction, just days after Finance Minister Mthuli Ncube called for changes to how the foreign-exchange market is managed. The ...

As of 21 April 2023, the Reserve Bank of Zimbabwe’s (RBZ) exchange rate stood at ZW$982. The black market rate is currently as high as ZW$1900, a huge cap that diminishes foreign investors’ appetite.

The official exchange rate for Zimbabwe's dollar fell 32% on Wednesday against the greenback, its biggest daily fall since the minister of finance announced last week that the country would adopt a ...

The new currency will be backed by reserves of foreign currency and precious metals mined in the country HARARE, April 5. /TASS/. Zimbabwe has rolled out a new national currency called Zimbabwe Gold ...

HARARE (Reuters) - Zimbabwe is working on new measures to stabilize its local currency including linking the exchange rate to hard assets such as gold and creating a currency board, Finance Minister ...

HARARE, Jan. 13 (Xinhua) -- Zimbabwe's foreign currency earnings rose to 16.2 billion U.S. dollars in 2025, up from 13.3 billion dollars in 2024, Reserve Bank of Zimbabwe Governor John Mushayavanhu ...

Some sources report currency trades in the Harare black market where the dollar has fetched 10 rand or a rate of 10 US cents per rand - in normal foreign exchange market terms an extraordinary premium ...

Zimbabwe's miners are losing 20% of their export proceeds due to a widening gap between the official and black market currency exchange rate, an industry report showed on Wednesday. HARARE, Oct 27 ...