Boosting Zim dollar demand

  • Boosting Zim dollar demand

    Boosting Zim dollar demand

    Writes Persistence Gwanyanya Now that the Reserve Bank of Zimbabwe (RBZ) has kick-started the transition to a market-based exchange rate mechanism by injecting foreign currency into the interbank market, through the wholesale foreign currency auction system, and removing the limits on forex trading margins, the next step to achieving stability is to boost the Zimbabwe…