Zim finance Minister Mthuli Ncube said the market should determine the RTGS exchange rate, but that the government wanted to avoid excessive volatility.
People walk past the Reserve Bank of Zimbabwe building in Harare, Zimbabwe, February 25 2019.Zimbabwe's new currency was stuck around 2.5 to the US dollar on Tuesday as tight restrictions on trading and exchanging it remained in place despite a central bank pledge to let the RTGS dollar trade freely.
On Tuesday, banks were only selling US dollars to corporate clients and individuals with invoices or receipts for imports deemed a priority such as fuel and medicines. Banks were not yet selling US dollars to individuals in cash, and neither was a bureau de change at the Road Port bus station.
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