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newzimbabwe - 14 days ago

Industry confirms backlog clearance as RBZ Auction allots US$13, 8 million

By Alois Vinga CONFEDERATION of Zimbabwe Industries (CZI)  has acknowledged that the Reserve Bank of Zimbabwe (RBZ)  Foreign Exchange Auction has cleared backlogs, expressing optimism that parallel market rates will take a dip if trend is maintained. The remarks also come against a backdrop where the weekly allotments on the auction platform hit US$13,8 million. Last week, The post Industry confirms backlog clearance as RBZ Auction allots US$13, 8 million appeared first on NewZimbabwe.com.


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