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Category: Press Statements

Global Ideas. Local Application.

Clarification on Administration of NOSTRO Accounts and Cash Withdrawals

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.

RBZ Press Statement on Strengthening the Interbank Foreign Exchange Market

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.

IMF Approves Staff-Monitored Program For Zimbabwe

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.