News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*We Have Secured $600m Nostro Stabilisation To Last Us For Next 8 Months* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?we Reserve Bank of Zimbabwe (RBZ) governor John Mangudya on Wednesday said that the US$600 million nostro stabilisation facility from the African Export-Import Bank (Afreximbank) will prevent the shortage of foreign currency for the next 6-8 months. This comes as the country is battling critical foreign currency shortages. Said Mandugya: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > This facility will last us for six to eight months because, during the tobacco season, we received only US$320 million in tobacco foreign receipts and this lasted for six months. We could have asked the Afreximbank for US$300 million nostro stabilisation but due to the increased demand for foreign currency in the economy, we settled for US$600 million. More: Financial Gazette _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback