Zimbabwe central bank
Zimbabwe’s central bank hikes interest rates
Overnight interest rates for banks have been hiked from 15% to 50%.
It said the advert was fake and misleading because it used the address and phone number for the central bank and its governor.101 days ago
The country in February ditched its discredited 1:1 official peg to the US dollar, and merged bond notes and electronic dollars into a transitional currency called the RTGS dollar.138 days ago
Civil servants in the southern African nation twice rejected a lower government wage offer in January but had been divided over a strike, which led to teachers briefly walking out of their jobs.187 days ago
Zimbabwe is in the grips of a severe dollar crunch and last month ditched a discredited 1:1 dollar peg for surrogate bond notes and electronic dollars.203 days ago