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Home » DPC moots forex deposits protection scheme
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DPC moots forex deposits protection scheme

written by Emmerson Njanjamangezi, Group Features Editor 0 comments
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THE Reserve Bank of Zimbabwe (RBZ) says the Deposit Protection Corporation (DPC) has commenced explicit deposit protection for foreign currency denominated accounts (FCAs). In a Monetary Policy Statement (MPS) this week, RBZ governor John Mangudya said the scheme, which took effect on December 31 2021, followed extensive consultations with stakeholders including the Bankers Association of…

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