Parallel market rates drop as RBZ pours new bond notes into system
Livingstone Marufu HARARE – Parallel market rates have dropped to around 60-65 percent for RTGS transactions and 35 percent for bond notes in exchange for US dollars but Reserve Bank of Zimbabwe (RBZ) is optimistic that increased production and exports in some sectors of the economy will suppress foreign currency shortages. Parallel markets were hovering around…
