According to the Reserve Bank of Zimbabwe, the increase is expected to bolster economic activity and ensure timely foreign payment settlements.
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Banks ordered to disclose suspended accounts

Melisa Chatikobo THE Reserve Bank of Zimbabwe (RBZ)’s Financial Intelligence Unit (FIU) has ordered all banks to disclose their suspended and other internal accounts as some are now being used to buy foreign currency on the black market. In a statement yesterday, the FIU director general Oliver Chiperesa said the financial records are being manipulated…

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