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Reserve Bank of Zimbabwe Profile
Reserve Bank of Zimbabwe

@ReserveBankZIM

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To achieve and maintain price and financial system stability to foster sustainable and inclusive economic development.

80 Samora Machel Ave, Harare, Zimbabwe
Joined November 2017
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
Upliftment of Temporary Suspension of Lending by Banks
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
In the wake of manipulation of the exchange rate by some borrowers of large amounts to the detriment of consumers, the Bank reserves the right to publish the names of significant borrowers across the banking sector in the public interest.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
Suspension of lending facilities does not apply to marketable commodities such as tobacco, cotton, sugar, maize, etc. All banks have been advised accordingly.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
The Reserve Bank of Zimbabwe would like to urge members of the public to dismiss, with utmost contempt, claims being circulated on social media regarding the introduction of a new Zimbabwe currency. The country shall continue to use the multi-currency system.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
Cessation of Innbucks operating as a Money Transfer Service Provider
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
The Reserve Bank of Zimbabwe has noticed with great concern a video clip circulating on social media showing a man bragging whilst displaying sealed packs of $5 notes. The Bank has referred the matter to the Financial Intelligence Unit for investigation.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
Introduction of Gold Coins
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Cash withdrawals Further to our Directive, the Reserve Bank wishes to advise that contrary to certain information being circulated on social media, cash withdrawals by individuals are still permissible and the policy position hasn’t changed.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
The Financial Intelligence Unit is investigating allegations of currency manipulation and pegging of the ZW$ at 200 to 1 USD circulating on social media. Perpetrators shall be brought to book.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Government through the Reserve Bank of Zimbabwe is drawing down US$500 million on Monday, 20 May 2019, to supply the interbank forex market to meet the forex payment requirements of business and individuals.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Press Statement on the Suspension of Monetary Transactions on Phone Based Mobile Money Platforms
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@ReserveBankZIM
Reserve Bank of Zimbabwe
29 days
Know your banknotes:
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@ReserveBankZIM
Reserve Bank of Zimbabwe
11 months
Wholesale Foreign Exchange Auction Results - 7 June 2023
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@ReserveBankZIM
Reserve Bank of Zimbabwe
7 months
RBZ Gold-Backed Digital Tokens – ZiG (Zimbabwe Gold) 1/4
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@ReserveBankZIM
Reserve Bank of Zimbabwe
1 year
RBZ would like to urge suppliers of goods and services recently paid by Government to refrain from participating on the parallel fx market in order to sustain price stability.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
Public Notice: Old and worn United States Dollar notes
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@ReserveBankZIM
Reserve Bank of Zimbabwe
6 years
Suspension of Senior Reserve Bank of Zimbabwe Officials Pending Investigations. See press statement here:
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Cash withdrawals The current withdrawal limit for individuals remains US$1000 per day.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
Press Statement on the release of SDR 677 436 012 by the IMF to Zimbabwe
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@ReserveBankZIM
Reserve Bank of Zimbabwe
19 days
We value your feedback and would love to hear your views on the ZiG. Please take a moment to complete the questionnaire, which is accessible here , or use the QR code attached.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
Key things you need to know about the Mosi-oa-Tunya Gold Coin
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
There was no angry exchange of words between the Minister of Finance and Economic Development Hon Professor Mthuli Ncube and RBZ Governor John Mangudya as alleged by the Zimbabwe Independent on the 15th of February 2019.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
11 months
Foreign Exchange Auction Results - 13 June 2023
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@ReserveBankZIM
Reserve Bank of Zimbabwe
30 days
2024 Monetary Policy Statement: 2024 Monetary Policy Statement at a Glance:
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
The Reserve Bank of Zimbabwe would like to dismiss the social media reports suggesting that Nostro Accounts will be raided by the RBZ and Ministry of Finance & Economic Development.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
11 months
Foreign Exchange Auction Results - 6 June 2023
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
The Minister of Finance & Economic Development, @MthuliNcube addressed the joint RBZ Board and Monetary Policy Committee Induction Meeting at the RBZ earlier today. In his address, he emphasized the need for unity of purpose towards the realization of a common national cause.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results: FX01/2020 – 23 June 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Cash withdrawals Payment of salaries in foreign currency Under the newly announced policy measures, salaries for NGOs remain payable in foreign exchange where funding for such NGOs, International Organisations, is from offshore.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
Images of two people hugging on floor of the Reserve Bank building circulating on social media
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@ReserveBankZIM
Reserve Bank of Zimbabwe
6 years
Suspension of senior Reserve Bank of Zimbabwe officials pending investigations…
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Outcome of investigation of allegations against certain senior Reserve Bank of Zimbabwe officials
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@ReserveBankZIM
Reserve Bank of Zimbabwe
6 months
Acquisition of Standard Chartered Bank by FBC Holdings
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@ReserveBankZIM
Reserve Bank of Zimbabwe
10 months
Foreign Exchange Auction Results - 27 June 2023
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results - 15 September 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
11 months
State of Foreign Exchange Liquidity in The Economy
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
Engagement with the National Bakers Association of Zimbabwe on the Pricing of Bread
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Fake Fuel Prices The article circulating on social media on the fuel price hikes of $5.50 and $5.15 for petrol and diesel respectively, is fake news. For starters the alleged meeting at the RBZ with fuel suppliers never took place.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Financial reward for information leading to positive identification of a man appearing in a recent social media video clip displaying bundles of bank notes
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
Payment of Interest on Deposits
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results 25 August 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
11 months
Wholesale Foreign Exchange Auction Results - 16 June 2023
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@ReserveBankZIM
Reserve Bank of Zimbabwe
1 year
Issuance and Usage of Gold-backed Digital Tokens
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Update in respect of a man appearing in a recent social media video clip displaying bundles of Banknotes
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Introduction into Circulation of $10 and $20 Dollar Banknotes
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
The Bank would like to advise the public that all banknotes issued by RBZ since 2016 are legal tender in Zimbabwe. Traders who reject such notes should be reported to the Financial Intelligence Unit on hotline numbers 0714039897 or 0780434475. @263Chat
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Press Statement on the Liberalization of the Foreign Exchange Market
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@ReserveBankZIM
Reserve Bank of Zimbabwe
7 months
Introduction of the Zimbabwe Gold-Backed Digital Token (Zig) as a Means of Payment
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@ReserveBankZIM
Reserve Bank of Zimbabwe
10 months
Foreign Exchange Auction Results - 11 July 2023
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@ReserveBankZIM
Reserve Bank of Zimbabwe
1 year
Release of smaller units of gold coins into the market
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results - 6 October 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results - 22 September 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Individuals are still able to withdraw their cash from their individual accounts and banks are, in line with international best practice, expected to apply the AML/CFT principles.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
10 months
At today's wholesale foreign exchange auction for banks, out of US$30 million on offer, only US$10 million was purchased by banks for onward sale to banks’ clients.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
21 days
Learn more… #ZimbabweGold_ZiG
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Picture circulating on social media showing bundles of new ZW$10 notes
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Suspension of Operating Licences of Cash Twenty-Four (Pvt) Ltd (Bureau de Change) and Crediconnect (Pvt) Ltd (Microfinance Institution) for engaging in Illicit Foreign Currency Activities
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results - 29 September 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Season's greetings from the Reserve Bank of Zimbabwe!
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Press Statement: Pictures of New Notes circulating on social media
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results – 30 June 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results – 14 July 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results - 08 September 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
1 year
Update on the actions taken by the Financial Intelligence Unit in response to the Al Jazeera “Gold Mafia’ documentary series
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results – 28 July 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
It has come to the attention of the Bank that there are some exchange rate manipulators that are exerting pressure on the forex market with the intention of destabilizing the stability that the country has been experiencing over the past four months. 1/2
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
RBZ congratulates Dr Innocent Matshe on his appointment as Deputy Governor of the Reserve Bank of Zimbabwe with effect from 1 October 2022. Dr Matshe brings in vast wealth of experience to RBZ
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@ReserveBankZIM
Reserve Bank of Zimbabwe
10 months
Foreign Exchange Auction Results - 4 July 2023
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
Foreign Exchange Auction Results - 17 May 2022
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results - 13 August 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results 18 August 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Press Statement on the Payment Arrangements for Fuel through the Interbank Foreign Exchange Market and the Drawing down of USD500 million offshore Line of Credit
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
Some points to note on S.I 127 of 2021: The purpose of the S.I is to ensure that those obtaining foreign exchange from the auction system do not use parallel market rates. 1
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Freezing of Accounts used for Parallel Market Activities
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@ReserveBankZIM
Reserve Bank of Zimbabwe
11 months
Foreign Exchange Auction Results - 20 June 2023
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results 01 September 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
RBZ wishes to advise that the Monetary Policy Committee (MPC) was dissolved with effect from 31 January 2021 as a result of appointment of most of its members to various entities and which appointments were deemed to be in conflict with the operations of the Bank and the MPC. 1/2
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Interventions in response to the financial vulnerabilities caused by the COVID-19 Pandemic
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Leaked document titled “De-Dollarisation Road Map”
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Designation of Zimswitch Technologies (Private) Limited (ZIMSWITCH) as a National Payment Switch
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Press Statement on Strengthening the Interbank Foreign Exchange Market
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@ReserveBankZIM
Reserve Bank of Zimbabwe
11 months
Warning Against Businesses Engaging in Exchange Rate Manipulation
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@ReserveBankZIM
Reserve Bank of Zimbabwe
1 year
We extend our best wishes to you and your family and wish you a pleasant festive season and a happy new year. Be blessed and stay safe!
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Public Notice on Issue and Circulation of Two-Dollar Bond Coin
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
Response to CZI Paper on Currency Situation
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@ReserveBankZIM
Reserve Bank of Zimbabwe
1 year
As part of efforts to explore Central Bank Digital Currency (CBDC), the Bank is conducting a Consumer Survey on CBDC. Your response is important. Follow this link to complete the survey Kindly respond by 7 December 2022.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
Statement on the introduction of new Banknotes
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Cash withdrawals In cases where the holders of such funds intend to settle domestic transactions, the funds shall be liquidated at the prevailing interbank market to facilitate payments in ZWL, which is now the legal tender.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Members of the public should not be misled by such counterproductive fake news.
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
Foreign Exchange Auction Results - 7 June 2022
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@ReserveBankZIM
Reserve Bank of Zimbabwe
10 months
Wholesale Foreign Exchange Auction Results - 29 June 2023
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
Introduction into circulation of ZW$50 banknote
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
Rejection of the $5 Note for Payment for Goods and Services
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
Foreign Exchange Auction Results - 31 May 2022
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@ReserveBankZIM
Reserve Bank of Zimbabwe
2 years
Season's greetings!
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Introduction of a Foreign Exchange Auction Trading System. The adoption of a Foreign Currency Auction System is expected to bring transparency and efficiency in the trading of foreign currency in the economy. The full statement is accessible here
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@ReserveBankZIM
Reserve Bank of Zimbabwe
10 months
Foreign Exchange Auction Results - 18 July 2023
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@ReserveBankZIM
Reserve Bank of Zimbabwe
4 years
Foreign Exchange Auction Results - 20 October 2020
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@ReserveBankZIM
Reserve Bank of Zimbabwe
3 years
Press Statement on Unbundling and Divestiture of Businesses
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@ReserveBankZIM
Reserve Bank of Zimbabwe
5 years
Absolutely inspiring presentations by the Minister of Finance & Economic Development Hon Prof @MthuliNcube and RBZ Governor Dr JP Mangudya during a post Monetary Policy Statement breakfast forum in Harare last week
@MthuliNcube
Prof. Mthuli Ncube
5 years
Very positive engagement with #Zimbabwe business community in Harare today at the Monetary Policy Statement Review Breakfast Forum. Brick by brick and working together we will rebuild our economy.
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