RBZ freezes accounts


The Reserve Bank Of Zimbabwe has released a press statement capping the cash-out facility to $100 ZWL. The press statement further says that RBZ will be injecting more cash into the banking system.

In essence, the RBZ has climbed down on its ban of Cashout and now it has allowed the transactions to be performed.

The full RBZ press statement is shown below.

RBZ Caps Cashback Limit, Promises to Release More Cash Into Cirulation


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