RBZ Imposes New Limits On ZIPIT Transactions As It Battles To Throttle Forex Black Market

RBZ Imposes New ZIPIT Limits   The Reserve Bank of Zimbabwe (RBZ) has imposed new limits on ZIPIT transactions in an effort to throttle the foreign currency exchange black market. The central bank through the Financial Intelligence Unit (FIU) has directed all banks to lower daily and monthly ZIPIT limits. According to the monetary authorities, […]