The Reserve Bank of Zimbabwe (RBZ) has trashed a statement by the Confederation of Zimbabwe Industries (CZI) concerning the currency crisis in the country.

RBZ governor John Mangudya statement by CZI calling for the suspension of the forex auction and alleging that the central bank wants raid foreign currency accounts are baseless.

Mangudya warned that the statement by the industries body has potential of destabilizing the country’s financial market.