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RBZ

RBZ Delays Issuance Of $20 Notes

The Reserve Bank of Zimbabwe (RBZ) is yet to release the new $20 notes that were due first week of June as market actors grow anxious over the delay. Last month authorities issued new $ 10 notes into circulation with the $ 20…

New Notes Push Exchange Rate Spiral

The parallel market exchange rate has taken a rapid upward spiral since the Reserve Bank of Zimbabwe (RBZ) announced the introduction of the new $ 10 and $ 20 notes as exchange rate movers respond to the increase in cash on circulation,…
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