WHY WE SUSPENDED OPERATING LICENCES : MANGUDYA

The two financial institutions whose operating licences
have been suspended by the Reserve Bank of Zimbabwe (RBZ) over alleged illegal
foreign currency dealings, were reportedly behind the sudden and drastic fall
of the Zimbabwe dollar exchange rate …

The two financial institutions whose operating licences have been suspended by the Reserve Bank of Zimbabwe (RBZ) over alleged illegal foreign currency dealings, were reportedly behind the sudden and drastic fall of the Zimbabwe dollar exchange rate in the last few days. After the Zimbabwe dollar exchange rate against the United States dollar appeared to steadily strengthen since the 21 day