Monday 22 October 2018
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businessdaily
3 months ago

RBZ pumps $45m into banks

ZIMBABWE S Reserve Bank has pumped nearly $45 million into the banking system to ease cash shortages and fight off parallel market rates.John Mangudya s institution injected $20 million and another $25 million this week, enabling a few banks to start disbursing hard currency amounts of $200 to $300. We have secured facilities for critical imports and for banks to serve their individual clients, h...

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