The price of doing business in Zimbabwean gold — the country’s latest currency — is too steep for many retailers, who can’t ...

Zimbabwe Finally Scraps Forex Rule Forcing Businesses To Use Official Exchange Rate After False Starts Zimbabwe has finally repealed the controversial foreign exchange rule that forced formal ...

Though authorities tout growing foreign reserves — from US$276 million in April 2024 to US$629 million by March 2025 — market ...

HARARE, Zimbabwe (AP ... retailers to accept the local currency at artificially low official exchange rates, informal traders, including children, offer better bargains.

TURNALL Holding has pinned hopes on obtaining stable exchange rates as well as the anticipated economic rebound on the back of a good agricultural season as firm springboards to presenting ...

short for Zimbabwe Gold, on September 27 to “dislocation which was there in the market,” and not to trying to converge the rates. Exporters — which generate most of the foreign-exchange ...

Its exchange rate to the US dollar will be 13.5 Zimbabwean gold per US dollar," he added. As the head of the Central Bank of Zimbabwe explained, the new national currency is being introduced due ...