Tag: Reserve Bank of Zimbabwe

In Mugabe’s Zimbabwe, hard currency just got a whole lot harder

After defying economic gravity for a year, Zimbabwe’s homemade U.S. dollars have fallen to earth with a bump. Rumors the central bank was buying up black market U.S. dollars…

Zimbabwe closes the taps on bond notes

Zimbabwe closes the taps on bond notes

Old Mutual considers splitting operations - rpt

Zimbabwe's banks limit cash withdrawals

Zimbabwe's central bank says excessive demand causing cash crunch.

Zimbabwe banks face cash crunch

Zimbabwe banks face cash crunch, central bank blames distribution problem

Since Monday, customers from several banks have struggled to access money from automatic teller machines while banking halls daily withdrawals have been limited to as low as $200.

Zimbabwe's own-label dollar coins face consumer resistance

Zimbabwe's own-label dollar coins face consumer resistance

Nobody wanted the Zimbabwe dollar, so the country dumped it for the US dollar to stave off economic collapse & sky-rocketing hyperinflation.

Mugabe visits Beijing, central bank makes big moves back home

President Robert Mugabe was afforded a warm welcome in the People’s Republic of China this week.

The return of the Zimbabwean dollar

After a deal to import hard currency from the US fell through, a report about the trial printing of new Zimbabwean dollars caused a stir.