RBZ injects US$1.34bn into WBWS forex market

LIVINGSTONE MARUFU The Reserve Bank of Zimbabwe (RBZ) has injected US$1.34bn into the foreign exchange market over the past two years to support the stability of the Zimbabwe Gold (ZiG) currency, Business Times can report. The intervention has been channelled through the funding of the Willing-Buyer Willing-Seller (WBWS) foreign exchange arrangement, enabling companies to access…