Innocent Matshe links Reserve Bank of Zimbabwe currency shift to stability

Central bank slows mono-currency talk, ties any switch to stability, reserves, and forex system readiness.

Central bank stance

• Reserve Bank of Zimbabwe signals no rush toward single-currency path.
• Innocent Matshe ties any shift to a firm economic groundwork.
• He says markets guide timing, and businesses should not panic.
• Premature switch gets framed as harmful.

Requirements for any switch

• Durable price, calm and steady growth set the base.
• Hard-currency buffers target three to six months of import cover.
• The current buffer sits near one and a half months.
• Gains were reached within two years.

Forex system priorities

• Authorities want a smoother forex market structure.
• The goal aims to cut market splits and widen access.
• System design should support reliable availability.

Assurances to the market

• He says Zimbabwe can meet legitimate demands.
• School bills, medical trips, and approved investments get access.
• Message signals banks will supply for valid uses.