The much-anticipated 2019 Monetray Policy Statement came and saw the Reserve Bank liberalizing the foreign currency exchange market.
However, the black (or parallel) market rate remains a premium compared to the official rate, as the updated obtaining rates as of Tuesday morning show.
The current bank exchange rates for the RTGS$ today are as follows
Data according to the Reserve Bank of Zimbabwe:
RTGS$ to USD: 2.50
RTGS$ to RAND: 5.67
Black Market Rates:
RTGS$ to USD: 3.55
RTGS$ to RAND: 4.00
— MarketWatch
Loading...
