News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*RBZ Establishes Inter-bank Foreign Currency Market* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?uj The Reserve Bank of Zimbabwe (RBZ) has introduced an inter-bank foreign currency market, where banks and bureau de change will trade in currency including RTGS dollars on a willing buyer, willing seller basis. Presenting the 2019 Monetary Policy on Wednesday afternoon, RBZ Governor, Dr John Mangudya said the inter-bank system, which will see RTGS balances, bond notes and coins being immediately denominated as RTGS dollars. He also confirmed RBZ has arranged sufficient lines of credit to enable it to maintain adequate foreign currency to underpin the foreign exchange market. Said Mangudya: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > An inter-bank foreign exchange market to formalise the selling and buying of US$s and other currencies through banks and bureaux de change….is essential in order to bring sanity in the foreign currency market whilst at the same time promoting exports, diaspora remittances and investments for the good of our national economy. More: ZBC _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback