Wednesday 14 November 2018
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ebusinessweekly - 12 days ago

RBZ mulls forex interbank market

Golden Sibanda The directive by the Reserve of Zimbabwe (RBZ) early last month for banks to separate foreign currency accounts (nostros) and Zimbabwe’s surrogate currency (bond notes/RTGS) balances, was part of initial steps towards the introduction of market based foreign exchange distribution — the interbank market — Business Weekly can reveal. RBZ governor Dr John [ ]

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