Farirai Machivenyika, Harare Bureau THE depreciation of the Zimbabwe dollar against the United States dollar and other currencies in recent weeks is as a result of the closure of the tobacco marketing season which is a major foreign currency earner for the country. This was said by Reserve Bank of Zimbabwe Deputy Governor, Dr Kupukile Mlambo, […]

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Published On: Tue, Sep 17th, 2019

RBZ explains exchange rate depreciation

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Farirai Machivenyika, Harare Bureau THE depreciation of the Zimbabwe dollar against the United States dollar and other currencies in recent weeks is as a result of the closure of the tobacco marketing season which is a major foreign currency earner for the country. This was said by Reserve Bank of Zimbabwe Deputy Governor, Dr Kupukile Mlambo, […]

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RBZ explains exchange rate depreciation