Tag: Parallel Market Rates
RBZ ropes in BDCs to move away trades from parallel market
HARARE – In order to meet the foreign currency needs of small-scale enterprises and individuals which will ensure that trades move away from the...
RBZ caps ZIPIT transactions to stop illicit forex trades
Farai Mabeza
The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has directed all banks to temporarily review all ZIPIT transaction limits downwards to $20 000...