Starting Rate For USD Pegged At 2.5 As Mangudya “Throws Sand” On Black Market (UPDATED)

Reserve Bank of Zimbabwe governor John Panonetsa Mangudya has announced that the central bank in consultation with banks has set the starting rate for the trading of the United States Dollar against the “newly” introduced RTGS Dollar at 1USD:2.50RTGS$. The starting rate was announced by Mangudya at a monetary policy review meeting hosted by the … Read full post here