WebJan 29, 2024 · RBZ blacklists companies: 11 firms sanctioned over black market deals, overpricing: same firms reportedly benefitting from RBZ auction. 29 Jan, 2024 - 00:01 2024-01-30T09:48:48+00:00 2024-01-29T00:07:59+00:00 0 Views. 0 Comments. The Sunday News. Richard Muponde, Harare Bureau WebJun 20, 2024 · In a Press statement today, RBZ said bakers will now access their foreign currency requirements through the Central Bank’s auction system in the cost build-up in …
Forex auction current, but backlog yet to be cleared
WebAug 12, 2024 · In the last two weekly auctions, Prof Chakravat said the amount that was bid and allocated was in the region of US$20 million. “In other words, there was saving that the Central Bank of about US$5 million per week . . . You will find that from auction 94 onwards, the Central Bank is current in terms of payment of all allotments,” he said. WebJun 20, 2024 · In a Press statement today, RBZ said bakers will now access their foreign currency requirements through the Central Bank’s auction system in the cost build-up in the bread value chain. “The Reserve Bank of Zimbabwe wishes to advise the public that it held a consultative meeting with the National Bakers Association of Zimbabwe on June 17 and … long room gallery winchcombe
Forex auction resumes - Bulawayo24 News
WebPMR has shoot to ZWL1750 from ZWL1500 last week; ZWL traded at ZWL944.7 on formal market; Premium between two markets has widened by 46%; Harare-The embattled Zimbabwe dollar crossed the ZWL1700 mark on the 4th of April 2024 on the parallel market to ZWL1750 against a single greenback, almost doubling the formal market rate.On the … WebJan 7, 2024 · THE Reserve Bank of Zimbabwe (RBZ) has deferred the first foreign currency exchange auction of the year to 18 January after the recent spike in Covid-19 cases saw Authorised Dealers failing to submit their bid documentation required to carry out due diligence. Initially the auction had been set for 11 January. WebJun 23, 2024 · Golden Sibanda. The Reserve Bank of Zimbabwe (RBZ) will today introduce the new Foreign Exchange Auction System to determine the Zimbabwe dollar exchange rate with captains of industry and commerce cautiously optimistic that the platform will enhance transparency and efficient distribution of scarce forex. long room headingley