HUGE DEMAND FOR NEW COINS, NOTES
Depositors, who formed long queues at banks and building
societies, were withdrawing new coins and notes yesterday after the Reserve
Bank of Zimbabwe (RBZ) released the first $30 million on Monday, but most banks
had run out of cash by midday.
Mos…
Depositors, who formed long queues at banks and building
societies, were withdrawing new coins and notes yesterday after the Reserve
Bank of Zimbabwe (RBZ) released the first $30 million on Monday, but most banks
had run out of cash by midday.
Most banks limited withdrawals to between $50 and 100,
while a few allowed the full $300 weekly ration.
Even with the modest withdrawals, premiums