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Biti says RBZ forex auction system headed for collapse
WebJan 7, 2024 · THE Reserve Bank of Zimbabwe (RBZ) has deferred the first foreign currency exchange auction of the year to 18 January after the recent spike in Covid-19 cases saw Authorised Dealers failing to submit their bid documentation required to carry out due diligence. Initially the auction had been set for 11 January. WebJun 23, 2024 · Golden Sibanda. The Reserve Bank of Zimbabwe (RBZ) will today introduce the new Foreign Exchange Auction System to determine the Zimbabwe dollar exchange rate with captains of industry and commerce cautiously optimistic that the platform will enhance transparency and efficient distribution of scarce forex. flt helix cvo
RBZ defers year’s first auction The Sunday News
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