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Reserve Bank of Zimbabwe (RBZ)

Zim Dollar Value Plummets Again

The local Zimbabwean dollar has continued to lose value against the United States dollar following Tuesday's foreign currency exchange auction with the official exchange rate now standing at ZWL$76.7596 from last week's ZWL$72.1470. An…

Bread Price Set To Fall By 16%

The average price of bread is set to decrease with effect from tomorrow according to the Grain Millers Association (GMAZ). Addressing journalists in Harare, GMAZ chairman Tafadzwa Musarara said the reduction has been necessitated by the…

Retailers Raise Alarm Over Bond Rejection

The Confederation of Zimbabwe Retailers (CZR) has raised alarm over the rejection of bond coins, ZWL$2 and ZWL$5 notes saying it goes against nation building efforts. In a statement CZR president, Denford Mutashu said, “The Confederation…
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