All NewsBusiness

RBZ configures RTGS system to multi-currency

All NewsBusiness

RBZ configures RTGS system to multi-currency

HARARE – The Reserve Bank of Zimbabwe (RBZ) has configured the Real Time Gross Settlement (RTGS) system into a multi- currency platform set to include five currencies as it moves to mitigate against exchange control losses, it has emerged. An RTGS is an electronic money transfer for high value transactions where the transmission takes place…

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