Wednesday April 10 2024
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Country: Zimbabwe
The Zimbabwe Stock Exchange (ZSE) notified all ZSE Direct clients that the exchange has made transition to the new structured currency, Zimbabwe Gold (ZiG) on the web platform (www.zsedirect.co.zw).
The following trading adjustments that will be implemented effective 8th April 2024:
- The trading currency on ZSE is ZiG and orders can only be placed in ZiG currency.
- The trading adjustments on the ZSE will be converted at the initial conversion exchange rate of ZiG1 to ZW$2498.7242 which is prescribed in the operational manual for structured currency issued by the RBZ on 5th April 2024.
Click on the above link for further information