LIVE- All eye on Mangudya #MonetaryPolicyStatement speech

by Staff reporter

20 Feb 2019 at 07:16hrs | Views

THE governor of the Reserve Bank of Zimbabwe (RBZ) Dr John Mangudya will today (Wednesday) at 14:30hrs release the long-awaited Monetary Policy Statement (MPS).

The market is eagerly waiting to see what the governor has in store for an expectant nation.

Mangudya is presenting the MPS at a time when economic fundamentals are weak.

For the longest time, the bond note - introduced in 2016, along with the Real Time Gross Settlement (RTGS) virtual currency - have significantly lost ground to the American dollar on the unofficial market.

The nation will, therefore, be waiting with bated breath to see if Mangudya will maintain the exchange rate at the same level or grab the bull by its horns by allowing market forces to price units within his basket of currencies.

20 Feb 2019 at 13:02hrs

Anti monetary loan measures ,Zim will put a tight screw on Money laundering

20 Feb 2019 at 13:01hrs

RBZ to introduced a settlement system for local nosto FCA accounts.

20 Feb 2019 at 13:00hrs

RBZ to monitor banks in a 2 hourly period / day

20 Feb 2019 at 13:00hrs

Foreign Currency expenditure for govt shall continue being available through the lines of credit

20 Feb 2019 at 12:59hrs

Foreign currency market should be introduced except for school fees

20 Feb 2019 at 12:59hrs

Mangudya: 'RTGS Dollars' to become part of the multi-currency system

20 Feb 2019 at 12:58hrs

Prices should start to decline "Mangudya"

20 Feb 2019 at 12:57hrs

Bond notes and Bond Coins to be valued as RTG's dollars

20 Feb 2019 at 12:57hrs

Mangudya has introduced Intermarket banking

20 Feb 2019 at 12:57hrs

Formalisation of buying of US dollars in Banks hence the introduction of interbanking

20 Feb 2019 at 12:57hrs

Formalisation of buying of US dollars in Banks hence the introduction of interbanking

20 Feb 2019 at 12:56hrs

Monetary policy measure 1: Establishment of an interbank foreign market exchange.

20 Feb 2019 at 12:54hrs

Mangudya says the export incentive scheme has been eroded by prevailing conditions.

20 Feb 2019 at 12:54hrs

Mangudya says the implied parallel market rate is 1: 3.5

20 Feb 2019 at 12:53hrs

Without the formal pricing ,the parrarel market is predudicing the public

Mangudya introduces RTGS Dollars

20 Feb 2019 at 12:52hrs

Mangudya introduces RTGS Dollars

20 Feb 2019 at 12:51hrs

20 Feb 2019 at 12:51hrs

Absent today is Professor Mthuli Ncube

20 Feb 2019 at 12:51hrs

Mangudya: Inflation increased to 42% by end of 2018

20 Feb 2019 at 12:50hrs

A growths 87.6 percent has been seen since the introduction of Nostro accounts

20 Feb 2019 at 12:48hrs

The movement of premium in Forex has improved

20 Feb 2019 at 12:47hrs

Mangudya says RBZ received input from Media, Business , Parliamentarians

20 Feb 2019 at 12:39hrs

Energy Mutodi has also arrived for the Monetary Statement Statement

20 Feb 2019 at 12:30hrs

Today RBZ Governor Dr John Mangudya presents 2019 #ZimMonetaryPolicy statement. Judging by expectations, currency reforms is topping critical issue many want addressed. Will #ZimMPS2019 address market distortions, high import bill, increase productivity create investor confidence?