JUST IN: RBZ Monetary Policy Statement presentation date set


Reserve Bank governor John Mangudya will unveil the delayed 2019 Monetary Policy Statement on Wednesday at 2.30PM. The statement is likely to set out a roadmap to a new Zimbabwe currency.

This comes when there are reports that the MPS was delayed due to squabbles between Mangudya and Finance Minister Mthuli Ncube.

The disagreements centre around Mangudya’s plans to revive the now-defunct Zimbabwean dollar while Ncube considers the floating of the surrogate currency as the panacea to the country’s challenges in the long term.

Mangudya has consistently argued that the bond note should trade at par with the US dollar.

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