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The RBZ’s has released a press statement reiterating that the Bank’s policy and administrative arrangements regarding the treatment of NOSTRO accounts and cash withdrawals has not changed.
Following the issuance of new regulations that ended the multi-currency regime and introduced the Zimbabwe dollar as the sole legal tender, the Reserve Bank of Zimbabwe issued a press statement outlining its policy measures aimed at supporting the Zimbabwe dollar. Read the full statement below.
The Managing Director of the IMF approved on May 15, 2019, a Staff-Monitored Program (SMP) for Zimbabwe, covering the period of May 15, 2019 to March 15, 2020. Read the press release below or download it here.