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Zimdollar loses grip against USD

THE local dollar lost its grip against the United States dollar at the Reserve Bank of Zimbabwe (RBZ)'s auction system, which resumed on Tuesday with the official exchange rate now pegged at US$1: $705.When the auction system closed in mid…

Published: 12 Jan 2023 at 07:38hrs | | by Staff Reporter

Conversations must go beyond the forex auction and focus on production

Driving through Zimbabwe's once vibrant industrial hubs in Belmont (Bulawayo), Paulington (Mutare), Southerton, Graniteside, Working, Msasa (all in Harare), and elsewhere, one gets the sense that the country is burdened by white elephants.…

Published: 28 Jan 2021 at 16:57hrs | 2 | by Andrew Lampard

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Search / Forex auction

Zimdollar loses grip against USD

Conversations must go beyond the forex auction and focus on production

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