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‘Interbank facility won’t solve liquidity crisis’

HARARE – THE $100 million interbank loan facility granted to Zimbabwe by the Africa Export and Import Bank (Afrexim Bank) will not solve Zimbabwe’s liquidity challenges, economists say. Analysts said recapitalisation of the Reserve Bank of Zimbabwe (RBZ) by at least $500 million is the way forward. Leading independent economist, Erich Bloch told businessdaily that…

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