In a statement last night, RBZ governor John Mangudya said the Monetary Policy Committee (MPC) yesterday resolved to sell foreign currency on the market-determined exchange rate as demand for hard currency was on the increase.
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John Mangudya warns money launderers

THE governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya, says authorities will step up the current crack down on individuals and companies that are moving large but unexplained sums of money, “until there is sanity in the economy”. Speaking at the Daily News’s 2021 national budget breakfast meeting in Harare on Monday, the…

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