Zimbabwe’s RTGS dollars explained | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Zimbabwe’s RTGS dollars explained

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

One day Zimbabwe will teach us how to optimize currencies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Zimbabwe's new currency: the 'RTGS dollar'Meet the 'RTGS dollar' - Zimbabwe's de facto currency that was announced today.
Source: mailandguardian - 🏆 2. / 92 Read more »

Formal trading in new Zimbabwean currency beginsThe initial rate for Zimbabwe's currency, known as RTGS dollars, will be 2.5 per US dollar
Source: BDliveSA - 🏆 12. / 63 Read more »

Zimbabwe devalues currency to tackle economic crisisIt sold U.S. dollars to banks at 2.5 RTGS dollars on Friday morning, Bank Governor John Mangudya told business leaders.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

New currency for Zimbabwe as foreign currency crisis deepensReserve Bank of Zimbabwe (RBZ) governor John Mangudya has introduced a new local currency - “RTGS dollars” - as the country's severe foreign currency crisis persists. Bitcoin? The Ministry InfoMinZW and ReserveBankZIM once denounced this when the media reported it, well I guess it’s time the people accept it.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Zimbabwe launches new, discounted currency as banks reopenZimbabwe The Reserve Bank of Zimbabwe said on Wednesday it would scrap the official 1:1 peg between its quasi-currency bond note and the US dollar, creating a new parallel currency called RTGS dollars.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Zimbabwe's new currency: the 'RTGS dollar'Meet the 'RTGS dollar' - Zimbabwe's de facto currency that was announced today.
Source: mailandguardian - 🏆 2. / 92 Read more »

Black business leaders appalled by underhanded attempts to capture Independent Media | IOL Business ReportNo amount of pleading will create transformation and Tiso Blackstar, as well as other anti-transformation units, know this.
Source: IOL - 🏆 46. / 51 Read more »

Five businesses you should start in 2019 | IOL Business ReportHere’s the lowdown on consumer and technology opportunities in 2019 and beyond:
Source: IOL - 🏆 46. / 51 Read more »

Samsung leaks new wearables range set to launch with S10 - report | IOL Business ReportThe app now displays several new products on the front page including wireless earbuds, a smartwatch, and a fitness band.
Source: IOL - 🏆 46. / 51 Read more »