Monetary Policy MP 2018

Increase the retention threshold for private owned diamond firms, platinum and chrome producers from 20% to 35%

Achieved
Feb 2018

RBZ liberalises foreign currency market

www.newsday.co.zw February 08, 2018

The RBZ boss said the foreign currency retention threshold for all services and products except gold, diamonds, platinum, chrome and tobacco remained at 100% of export receipts for exporters’ use in their business operations within an extended period of up to 14 days from the receipt fund. He increased the retention threshold for private-owned diamond firms, platinum and chrome producers to 35% from 20%.