Farai Mabeza, Senior Staff Writer 
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THE Reserve Bank of Zimbabwe (RBZ) says foreign currency-denominated loans constituted 94 percent of local banks’ aggregate lending as at June 30, 2023. This reflects the apex bank’s deliberate squeeze on Zimdollar liquidity, which was meant to curb currency volatility and has been accomplished through high interest rates, open-market operations, as well as relatively higher…
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