RESERVE Bank of Zimbabwe (RBZ) is confident that the inflation rate will continue to trend down and has forecast the monthly rate to average three percent or less this year. The bank has predicted the ...
A double-digit US$ inflation rate is cause for concern considering the economy is already highly dollarized, industry lobby group Confederation of Zimbabwe Industries (CZI) has said.
Spread This NewsBloomberg Zimbabwe’s gold coins sold above $3 000 for the first time since they were introduced almost three ...
HARARE (Reuters) - Zimbabwe's central bank said on Thursday that its monetary policy rate had been kept unchanged at 35%.
The Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some ...
Inflation is expected to continue falling, with month-on-month reading projected to average below 3 percent in 2025.
Formal retailers and wholesalers in Zimbabwe are experiencing a decline in customer traffic as consumers increasingly prefer ...
The Reserve Bank of Zimbabwe (RBZ) is set to introduce higher denominations of the Zimbabwe Gold (ZiG) currency, which critics say could add to inflationary pressures. Amid a non-performing economy, ...
One of the things that the newly appointed heads to manage the central are: ensuring that price stability in the economy ...
Spurred by food and housing prices, Zimbabwe's inflation rose sharply in January in both U.S. dollar and local currency terms. It launched a new gold-backed currency in April last year ...