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Reserve Bank of Zimbabwe (RBZ) warns of worsening cash shortages coupled with depreciation of SA rand and GB pound
As jittery ordinary Zimbabweans wait with bated breath for the introduction of bond notes next month, the Reserve Bank of Zimbabwe (RBZ) has warned of worsening cash shortages ahead, in a further dose of bad news for the country’s dying economy. This comes as the current severe cash shortages have seen desperate depositors swamping banks as they bid to withdraw their little savings ahead of the imminent introduction of the much-distrusted bond notes. Addressing delegates…
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