The Zimbabwean ZiG currency has remained in a tight range this week as investors reacted to the new announcement by the government. The USD/ZWG exchange rate was trading at 26.19, where it has ...

(Bloomberg) -- Zimbabwe is easing controls on the national currency’s official exchange rate, allowing it to converge with an interbank rate that the government has permitted businesses to use for ...

Zimbabwe stopped short of free-floating its currency in the battle to end weeks of exchange rate volatility that has fueled the country’s latest economic turmoil. The Zimbabwe dollar’s crash on both ...

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.

HARARE (Reuters) - Top Zimbabwean retailers have warned of potential store closures if the government insists on the use of an official exchange rate they deem overvalued and damaging their ...

RBZ governor John Mushayavanhu says Zimbabwe’s ZiG is undervalued and should trade much stronger against the US dollar.

Zimbabwe is set for its first economic contraction since 2008, has an inflation rate that is estimated at more than 900% by some economists and is struggling to pay for sufficient food and fuel ...

Exchange Control is the Central Problem facing Zimbabwe at Present. By introducing Exchange Control via the Reserve Bank the ...

Zimbabwe has suspended all monetary transactions on phone-based mobile money platforms as well as trading on the Zimbabwe Stock Exchange. In a statement, the Ministry of Information said the measures ...