Categories: Zim Latest

RBZ tightens exchange control regulations

The Reserve Bank of Zimbabwe (RBZ) has tightened its exchange control regulations.

Effective today, foreign exchange purchased from RBZ by bureaux de change for domestic utilisation under the US$50 facility shall be be sold to vulnerable groups of the society e.g pensioners.

Also to be catered for in this facility are the disabled persons and those need foreign currency for medical purposes.

Zwnews

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