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The Zimbabwean dollar continued to depreciate. From January to April 2024, it lost over 70% of its value at the official exchange rate, hitting Z$30,000 per US dollar on 5 April. Annual inflation increased from 26.5% in December 2023 to 55.3% in March 2024.
Bank rate: 57.5%: Website: www.rbz.co.zw: ... Official site: Reserve Bank of ... This page was last edited on 13 December 2024, at 18:25 ...
This is a list of countries by annualized interest rate set by the central bank for charging commercial, ... 24 December 2024 [109] 7.80 0.95
Savings interest rates today: 'Tis the season for saving at 10x the national average (up to 5.05% APY) — Dec. 23, 2024 Kelly Suzan Waggoner Updated December 23, 2024 at 5:14 AM
The ZiG started trading on 8 April 2024 with an exchange rate of 13.56 ZiG per US dollar and was subsequently allowed to freely float. [38] As a result of inflation, on 27 September 2024, the RBZ devalued the ZiG by 42.55% against the US dollar. [39]
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
24 January – RBZ caps daily variance of official exchange rate based on volume traded. The ZWD is able to fluctuate (from its average rate) in a daily band of: 0% (under US$5 million); 1% (US$ 5 to 10 million); 1.5% (US$ 10 to 15 million); or 2% (exceeds US$15 million). This effectively froze the official exchange rate.