'Please try next week' - rocky start as new Zim currency hits the market

United States News News

'Please try next week' - rocky start as new Zim currency hits the market
United States Latest News,United States Headlines
  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 59%

'We have not devalued the RTGS balances, but allowed people to access the forex at a rate which is competitive and allows the economy to grow.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TimesLIVE /  🏆 28. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Zimbabwe’s RTGS dollars explained | IOL Business ReportZimbabwe’s RTGS dollars explained | IOL Business ReportMangudya said in a 2019 Monetary Policy Statement that the government had to do away with the 1:1 valuation for bond notes against the US dollar.
Read more »

Zimbabwe currency move shocks SA companiesZimbabwe currency move shocks SA companiesSouth African companies operating in Zimbabwe are anxious about the impact of the real time gross settlement (RTGS) dollar, the currency unveiled this week by the Reserve Bank of Zimbabwe.
Read more »

Formal trading in new Zimbabwean currency beginsFormal trading in new Zimbabwean currency beginsThe initial rate for Zimbabwe's currency, known as RTGS dollars, will be 2.5 per US dollar
Read more »



Render Time: 2025-03-15 18:23:16