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*Banks Start Trading In RTGS Dollars - Report* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?gc Local banks on Friday started trading a new currency (RTGS Dollar) with corporate clients and individuals, although interbank trading won’t begin until Monday, a banking source told Reuters. The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya announced on Wednesday it would scrap the official 1:1 peg between its quasi-currency bond note and the U.S. dollar, launching a new currency known as RTGS dollars. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- The RBZ began selling U.S. dollars to banks on Friday morning at a rate of 2.5 RTGS to the greenback, Mangudya said. > We came to a conclusion with the bankers last night at 2,5, and we hope thereafter that the rate will continue to find itself. *Related:* *1USD Will Start At 2.50RTGS Dollar When Interbank Forex Trade Begins – Mangudya* *More: Reuters, Herald* itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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