Monday, May 20, 2019, 05:41

Zimbabwe will supply the interbank foreign exchange market with US$500million today as its tries to resuscitate a currency trading system implemented in February that’s been plagued by a lack of liquidity.

In February the central bank created the interbank market and said its quasi-currency, known as RTGS, would no longer be pegged to the dollar but would be allowed to trade at fair value on the market.

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