Zimbabwe: Cash Withdrawals Begin Amid Huge Demand

13 November 2019

Depositors, who formed long queues at banks and building societies, were withdrawing new coins and notes yesterday after the Reserve Bank of Zimbabwe (RBZ) released the first $30 million on Monday, but most banks had run out of cash by midday.

Most banks limited withdrawals to between $50 and 100, while a few allowed the full $300 weekly ration.

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