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zimbabwe dollars

The new Zimdollar: What could go wrong?

By Ed Stoddard Zimbabwe last week made its interim currency, the RTGS dollar, the country’s sole legal tender, drawing the curtains on a decade of United States dollar dominance. Harare was forced to abandon its own dollar in 2009 and…
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RBZ opens floodgates for bureaux de change

By Golden Sibanda The Reserve Bank of Zimbabwe (RBZ) has scrapped the US$10 000 daily trading limit for bureaux de change and the 2,5 percent maximum profit margin for banks to make the interbank forex market more efficient and bolster…
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