RBZ tightens grip on forex as exporters surrender more earnings

STAFF WRITER The Reserve Bank of Zimbabwe (RBZ) has slashed the foreign currency retention threshold for exporters from 75% to 70% as part of broader efforts to strengthen the domestic currency and bolster economic stability. RBZ Governor Dr. John Mushayavanhu announced the adjustment while unveiling the 2025 Monetary Policy Statement in Harare on Thursday. He…

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