RBZ auction system slowly losing out: Analysts
Nelson Gahadza The Reserve Bank of Zimbabwe (RBZ) weekly foreign currency auction is slowly losing relevance and becoming a minority market due to reduced allocations per auction session to an average US$13 million from as much as US$35 to US$40 million, analysts have said. The auction was set up as a price discovery mechanism for … Continue reading RBZ auction system slowly losing out: Analysts
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