Monetary policy highlights

– Foreign exchange rate liberalised

– Interbank market to be established

– RTGS dollars now part of multi-currency basket

– Currency trade on willing buyer/willing seller basis

-Lines of credit to support foreign exchange regime

– RBZ to support importation of critical goods

– Retained export receipts to be utilised within 30 days

– Nostro FCA settlement platform established

– Prices to remain stable

– New exchange regime to preserve values

– Nostro balances increase 88 percent to $451 million

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