{"id":24823,"date":"2020-07-01T20:47:27","date_gmt":"2020-07-01T18:47:27","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=24823"},"modified":"2020-07-01T20:47:27","modified_gmt":"2020-07-01T18:47:27","slug":"rbz-invites-all-forex-holders-to-use-new-auction-systems","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems","title":{"rendered":"RBZ invites all forex holders to use new auction systems"},"content":{"rendered":"

The Reserve Bank of Zimbabwe (RBZ)\u2019s monetary policy committee (MPC) has implored all holders of foreign currency to sell their money through the apex bank\u2019s auction market at their preferred prices, to enhance the efficiency and effectiveness of the new platform.<\/p>\n

The MPC said the holders of hard currency among them exporters, non-governmental organisations, bureaux de change and receivers of remittances can participate on the auction market directly by selling at preferred prices their funds to the RBZ.<\/p>\n

At its meeting of June 23, the banks said was pleased with the outcome of the inaugural auction market held on Tuesday last week, which gave rise to the initial market determined exchange rate of 53 to 1, before the second successive auction this week that saw the rate rise to 63 against the greenback.<\/p>\n

The bulk of applications for foreign currency submitted in the last two auctions held thus far have been successfully funded, giving confidence the platform will record incremental success with time and help stabilise the Zimbabwe dollar exchange rate and inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Reserve Bank of Zimbabwe (RBZ)\u2019s monetary policy committee (MPC) has implored all holders of foreign currency to sell their money through the apex bank\u2019s auction market at their preferred prices, to enhance the efficiency and effectiveness of the new platform. The MPC said the holders of hard currency among them exporters, non-governmental organisations, bureaux […]<\/p>\n","protected":false},"author":84,"featured_media":16994,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[362,653],"class_list":{"0":"post-24823","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-market","10":"tag-rbz"},"yoast_head":"\nRBZ invites all forex holders to use new auction systems - zimbabwe<\/title>\n<meta name=\"description\" content=\"The Reserve Bank of Zimbabwe (RBZ)\u2019s monetary policy committee (MPC) has implored all holders of foreign currency to sell their money\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBZ invites all forex holders to use new auction systems\" \/>\n<meta property=\"og:description\" content=\"The Reserve Bank of Zimbabwe (RBZ)\u2019s monetary policy committee (MPC) has implored all holders of foreign currency to sell their money\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-01T18:47:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/RBZ-680x380.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"680\" \/>\n\t<meta property=\"og:image:height\" content=\"380\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems\",\"name\":\"RBZ invites all forex holders to use new auction systems - zimbabwe\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/RBZ-680x380.jpg\",\"datePublished\":\"2020-07-01T18:47:27+00:00\",\"dateModified\":\"2020-07-01T18:47:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\"},\"description\":\"The Reserve Bank of Zimbabwe (RBZ)\u2019s monetary policy committee (MPC) has implored all holders of foreign currency to sell their money\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/RBZ-680x380.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/RBZ-680x380.jpg\",\"width\":680,\"height\":380},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.cc\/zimbabwe\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"RBZ invites all forex holders to use new auction systems\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/\",\"name\":\"zimbabwe\",\"description\":\"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\",\"name\":\"cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"RBZ invites all forex holders to use new auction systems - zimbabwe","description":"The Reserve Bank of Zimbabwe (RBZ)\u2019s monetary policy committee (MPC) has implored all holders of foreign currency to sell their money","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems","og_locale":"en_US","og_type":"article","og_title":"RBZ invites all forex holders to use new auction systems","og_description":"The Reserve Bank of Zimbabwe (RBZ)\u2019s monetary policy committee (MPC) has implored all holders of foreign currency to sell their money","og_url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems","og_site_name":"zimbabwe","article_published_time":"2020-07-01T18:47:27+00:00","og_image":[{"width":680,"height":380,"url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/RBZ-680x380.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems","url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems","name":"RBZ invites all forex holders to use new auction systems - zimbabwe","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/RBZ-680x380.jpg","datePublished":"2020-07-01T18:47:27+00:00","dateModified":"2020-07-01T18:47:27+00:00","author":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4"},"description":"The Reserve Bank of Zimbabwe (RBZ)\u2019s monetary policy committee (MPC) has implored all holders of foreign currency to sell their money","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems#primaryimage","url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/RBZ-680x380.jpg","contentUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2019\/12\/RBZ-680x380.jpg","width":680,"height":380},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-invites-all-forex-holders-to-use-new-auction-systems#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.cc\/zimbabwe\/"},{"@type":"ListItem","position":2,"name":"RBZ invites all forex holders to use new auction systems"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website","url":"https:\/\/www.africa-press.net\/zimbabwe\/","name":"zimbabwe","description":"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4","name":"cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/24823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/comments?post=24823"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/24823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media\/16994"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media?parent=24823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/categories?post=24823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/tags?post=24823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}