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RBZ Re-Allows CashOut, Promises to Release More Cash Into Circulation

Taylor Chiyangwa by Taylor Chiyangwa
02/10/2019
in Breaking News, Business
Reading Time: 2min read
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BREAKING NEWS

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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Taylor Chiyangwa

Taylor Chiyangwa

I'm a digital marketing and online entrepreneurship enthusiast. I'm on a mission to change the narrative of #OnlineEntrepreneurship in Africa. I blog at mrtaylor.me and you can get my free e-book on making money online here

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