Zimbabwe: RBZ Threat to Freeze Bank Accounts of Forex Wheeler Dealers

25 January 2020

THE Reserve Bank of Zimbabwe (RBZ) has threatened to freeze bank accounts belonging to individuals and corporates that continue to cause market distortions through illegal foreign currency deals.

The central bank said via its official twitter handle Friday that the country was enjoying relative stability in terms of its volatile exchange rate regime but this was being disturbed by dealers.

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