RTGS$ headache for banks

AdvertisementsTHE introduction of the RTGS dollar has created challenges for Zimbabwe’s banking sector, the International Monetary Fund (IMF) has said.Advertisements This comes as the southern African country’s monetary authorities have sought to address foreign currency shortages by abandoning the unsustainable 1:1 bond note peg against the US dollar and introducing an interbank market. “While reported…

Subscribe to read full article. Subscribe today

Related posts

Power strains hinder mining

Government to map mineral reserves

Zim eyes AIIB for infrastructure funding

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More