Currency Market Weekly Review
The parallel market activity is driven by formal market liquidity, which is beginning to spike, plus a degree of speculation on money supply.
By Respect Gwenzi
Aug. 4, 2023
Zimdollar collapse a harbinger of worse things to come
On the parallel market, the Zimbabwe dollar depreciated almost similarly by 33% to $4 000, against the greenback, in the same timeframe.
By Newsday
May. 26, 2023
Candid Comment: Runaway black market rate spells doom for economy
This week parallel market dealers were buying US$1:ZW$2 000 and selling at US$1:ZW$2 200.
By Tinashe Makichi
May. 5, 2023
A comprehensive approach needed to promote economic stability
If the formal market continues to depreciate at its current pace, the gap between the parallel and auction markets may widen in the coming weeks.
By Respect Gwenzi
Apr. 28, 2023
The hits and misses of 2022 (II)
OUR analysis of the surprise announcements presented by the president on the evening of May 7, 2022 proved to be spot on.
By Tafara Mtutu
Dec. 23, 2022
Currency market under pressure
While this is happening, the auction market remains relatively stable weakening in each respective session albeit at fading margins.
By Respect Gwenzi
Nov. 11, 2022
Exchange rate stability false, economists warn
Economist Victor Boroma said the shortage of the local currency on the market was detrimental to consumer confidence
By Tapfumanei Muchabaiwa
Sep. 15, 2022
Bankers sweat over forex crackdown
Sources who attended the meeting said Reserve Bank of Zimbabwe governor (RBZ) John Mangudya blamed the banks for not reporting suspicious transactions.
By The Independent
Oct. 17, 2021
Bankers sweat over forex crackdown
Sources who attended the meeting said Reserve Bank of Zimbabwe governor (RBZ) John Mangudya blamed the banks for not reporting suspicious transactions.
By The Independent
Oct. 17, 2021
Banks, Zimra struggle with ZiG switchover
Local News
By Vincent Mungofa and Tinashe Kairiza
Apr. 19, 2024
Uproar as Zimparks seals off Vic Falls …tourists barred to make way for private event
Local News
Apr. 19, 2024
