Investor Presentaiton

Supportive Monetary Policy Measures (Cont'd) ➡Put a vesting period of 90 days on disposal of dual listed securities or shares purchased by investors on the Zimbabwe Stock Exchange to curb speculative tendencies and externalisation. ➡Increase supply of foreign currency into interbank foreign exchange market by ensuring that at least 50% of the surrender portion of foreign currency is sold to the interbank market. ➡Supply of foreign currency would be supplemented by the use of Letters of Credit (LCs) for the importation of essential commodities that include fuel, cooking oil, and wheat. The Bank put in place LCs amounting to US$330 million for this purpose.

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