RTGS$ losses compensation commences

THE Deposit Protection Corporation (DPC) says microfinance institutions are now taking compensation claims from small depositors who incurred losses due to a statutory exchange rate movement on February 20, 2019. On that date, the government denominated local balances and bond notes as RTGS$, establishing an exchange rate between US$ cash and all other monetary units,…

Subscribe to read full article. Subscribe today

Related posts

Econet wary of share price valuation

Delta quells share price concerns

Dairibord eyes capacity expansion

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