September 20, 2024

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Zimbabwe Central Bank Denies Forced Remittance Conversion Claims

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Zimbabwe Central Bank Denies Forced Remittance Conversion Claims
Zimbabwe Central Bank Denies Forced Remittance Conversion ClaimsThe Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local currency. The central bank clarified that it has no plans to review its diaspora remittances policy. According to the RBZ, the market had misconstrued a video on social media in […]