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Home » Interbank market gets US$35m
National Report

Interbank market gets US$35m

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The Reserve Bank removed the five percent margin on interbank foreign exchange trading and limits on foreign currency trading.
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THE Reserve Bank of Zimbabwe (RBZ) says it injected about US$35 million into the interbank foreign exchange market last month to meet the growing demand for hard currency.The central bank has previously said its participation in the interbank market has helped to complement the supply of foreign currency by authorised dealers to meet demand by…

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