Usd - The Standard

Topic : Usd

The tale of Zim's 'torn' money buying brigade

Extremely worn out United States dollars (USD) are also rejected. For the money-buying brigade, damaged banknotes represent a business opportunity.

By Ophar Mavuri Nov. 27, 2024

The tale of Zim's 'torn' money buying brigade

Why Zig-arising diaspora remittances will not work

Diaspora remittances were only US$294 million when the country dollarised in 2009 and have been growing at a compound annual growth rate of 14% over those 14 years.

By Rufaro Hozheri Aug. 30, 2024

Why Zig-arising diaspora remittances will not work

Forex deposits reach 80% amidst ZiG struggles

According to the 2024 mid-term budget review, total banking sector deposits amounted to ZiG42,1 billion and foreign currency deposits accounted for about 80% of the total deposits.

By Mthandazo Nyoni Jul. 28, 2024

Forex deposits reach 80% amidst ZiG struggles

Zimbabweans turn to medicinal herbs as the cost of drugs soars

Many of the vital drugs that patients require are readily available in private hospitals and pharmacies, but are unaffordable to the majority of Zimbabweans.

By Caiphas Chimhete Jun. 22, 2024

Zimbabweans turn to medicinal herbs as the cost of drugs soars

InnBucks, beyond what meets the eye

My first interaction with Innbucks was at a Simbisa outlet back in 2021, and just like any new product on the market, it was under some promotion of some sort.

By Rufaro Hozheri Apr. 26, 2024

Richest Forex Traders in Tanzania

The landscape of forex trading in Tanzania is evolving rapidly, with a new generation of traders making significant strides in the industry

By The Standard Apr. 22, 2024

Navigating Zim's currency conundrum

Structured currencies are monetary systems backed by tangible assets such as gold or commodities, offering stability and intrinsic value.

By Mark Mtombeni Apr. 21, 2024

Risks associated with the Zim financial sector at the moment

There is also the problem of a compromised new currency, which has been made vulnerable through introducing it too fast, beyond what market participants can comprehend.

By Kevin Tutani Apr. 12, 2024