Currency Changes A Nightmare for Zimbabwe Banks?

Zimbabwe's banking sector is skating on thin ice as the financial sector begins to reform, with the country waiting for the introduction of a new Zimbabwe dollar note. Meanwhile, Finance Minister Mthuli Ncube ended the legal tender status of international currencies, reportedly saying that the government will introduce new notes soon.

  • Zimbabwe:   Currency Changes Choke Banks

    Zimbabwe Standard, 25 August 2019

    ZIMBABWE'S banking sector is skating on thin ice due to a illiquidity crunch that has drastically reduced the financial institutions' capacity to lend following the reintroduction… Read more »

Bond notes.


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