Zimbabwe central bank negotiates lower bread prices

zimbabwe-flag

The governor of the Reserve Bank of Zimbabwe says he has negotiated a reduction in bread prices with the country’s association of bakers. The agreement, announced on June 20 in a statement signed by governor John Mangudya, comes amid currency and inflation crises.

The RBZ’s statement says the central bank “agreed with the Bakers Association that its members would access their full requirements for foreign exchange through the weekly foreign exchange auctions”. In return, the bakers “will review

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.