Zimbabwe Injects $50 Million to Bolster Devalued Currency

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Zimbabwe Injects $50 Million to Bolster Devalued Currency

Zimbabwe Injects $50 Million to Bolster Devalued CurrencyThe Reserve Bank of Zimbabwe (RBZ) has injected an additional $50 million into the market to support the foreign exchange system. However, industry leaders believe the bank is not doing enough to facilitate the smooth operation of the market. They argue that the policy requiring companies to have no existing nostro balances before bidding for […]  Read more »
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