ZWL$ weakens as RBZ shores up interbank market

  BUSINESS REPORTER   The Zimbabwe dollar weakened to ZWL$4,868 against the United States dollar as the central bank began yesterday selling foreign currency to banks at market determined exchange rate in a bid to shore up the interbank market. The Reserve Bank of Zimbabwe (RBZ) announced on Tuesday that it would sell foreign currency…

Subscription Required

Subscribe to read full article.

Join Now

Already a member? Log in here

Related Articles

Back to top button