Zim dollar slides to $72.15

Zim dollar slides to $72.15

Harare, (New Ziana) – The Zimbabwe dollar on Tuesday slid 4.7 percent against the United States dollar to settle at $72.15 at the weekly foreign currency auction, the Reserve Bank of Zimbabwe (RBZ) said. This was the fifth straight time the local currency has...
Zim dollar slumps against USD in third straight week

Zim dollar slumps against USD in third straight week

Harare, July 07, 2020 (New Ziana) – The Zimbabwean dollar lost ground again against the greenback at Tuesday’s auction, the third consecutive week it has slid since it was allowed to freely float. It depreciated three percent to $65.87 to the US dollar in Tuesday’s...
Govt speaks on cash withdrawal limit

Govt speaks on cash withdrawal limit

Harare,(New Ziana) – Government will carefully look at the obtaining situation in the economy regarding cash accessibility with a view to progressively lift the $300 weekly withdrawal limit imposed by the Reserve Bank of Zimbabwe (RBZ),Parliament heard on...
New Zim$ notes to have same features as bond notes

New Zim$ notes to have same features as bond notes

Harare (New Ziana) – The new two and five Zimbabwe dollar notes that are set to be introduced into circulation by mid-November will have the same appearance and features as bond notes of the same value that are already in circulation, the Ministry of Finance and...
RBZ introduces new bank notes

RBZ introduces new bank notes

Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Tuesday it will introduce new bank notes by mid-next month as it moves to end long-running cash shortages in the economy. Zimbabweans have endured cash shortages for years, a situation that led to the...
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