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THE EFFECT OF EXCHANGE RATE FLACTUATIONS ON BANK PROFITABILITY IN ZIMBABWE

THE EFFECT OF EXCHANGE RATE FLACTUATIONS ON BANK PROFITABILITY IN ZIMBABWE

The economic well-being of any economy is based on the effective functioning of the financial sector, however the profitability of banks is based mainly upon their intermediation duty in the financial system, which exposes banks to various risks. In Zimbabwe, banks are exposed to exchange rate ri...

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Bibliographic Details
Main Authors: Gumbo Lilian, Mveku Blessed, Simon Chosan, Mutero Tanaka T.T, Barangwe Kudakwashe
Other Authors: Faculty of Business Sciences, Department of Accounting sciences, Midlands State University
Format: research article
Language:English
Published: GSJ 2022
Subjects:
Exchange rate
Bank profitability
macro-economic factors
Online Access:https://cris.library.msu.ac.zw//handle/11408/5267
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https://cris.library.msu.ac.zw//handle/11408/5267