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As a result of inflation, on 27 September 2024, the RBZ devalued the ZiG by 42.55% against the US dollar. [39] In the month of September, 2024, consumer prices rose by 37.2% in ZiG terms, compared to just 0.7% in USD terms during the same period. This was compared to a 5.8% rise in ZiG prices over the course of the month before (August). [40]
Construction of the new RBZ building began in 1993 and was fully completed in 1997, but was officially opened by President Robert Mugabe on May 31, 1996. The building is the tallest in Zimbabwe [citation needed] standing at a height of 394 feet (120 m) with 28 floors above ground.
Almost immediately after the Reserve Bank abolished the peg, the official rate against the US dollar declined to Z$2.80 on 22 March 2019, and Z$6.00 on 12 June 2019, while the parallel rate fluctuated between Z$7.00 and Z$13.00 by 3 July. [22] [35] [36] The Reserve Bank's annual inflation rate surpassed 100% in June 2019, and 500% in December ...
Attempted take over of BOL Network and BOL News happened in August 2015 by ARY Digital Network CEO Salman Iqbal, who said that the decision was taken in view to provide career protection to media industry and its workers. [11] The founder of ARY Group said that his media group would launch the transmission of the channel within three weeks. [12]
ISLAMABAD (Reuters) -A Pakistani court sentenced former Prime Minister Imran Khan to 14 years imprisonment on Friday in a land corruption case, a setback to nascent talks between his party and the ...
A bilingual news channel in English and Urdu, it is a part of the ARY Digital Network, which is a subsidiary of ARY Group. ARY is an acronym of Abdul Razzak Yaqoob and Salman Iqbal, who was the owner of ARY Group. ARY News is biggest and most watched news channel in Pakistan and all around the world. ARY head office located in Karachi, Pakistan.
This is a list of the English-language television channels in Pakistan. This list contains the channels that are stationed in Pakistan by PEMRA [ 1 ] and broadcast by almost all the cable operators. List by category
In March 2017, a company called New Vision TV bought the rights to broadcast ARY News [3] and ARY Digital [4] in the UK. In April 2017, ARY News was relaunched as New Vision TV ARY World, [5] airing content from ARY News and some UK based shows. On 12 December 2017, ARY Digital UK relaunched as ARY Family airing content from ARY Digital and ...