EXPORTERS FOREX TO BE LIQUIDATED IN THREE MONTHS

The RESERVE Bank of Zimbabwe (RBZ) says it will liquidate
all foreign currency that will be channelled into the country after the
prescribed three-month period for exporters in a desperate attempt to shore up
forex flows in the country.

Zimbabwe i…

The RESERVE Bank of Zimbabwe (RBZ) says it will liquidate all foreign currency that will be channelled into the country after the prescribed three-month period for exporters in a desperate attempt to shore up forex flows in the country. Zimbabwe is experiencing severe foreign currency shortages that are choking industry and government operations. The country requires hard currency for the