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*No More US Dollars For Withdrawal By Individuals: RBZ* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?yg Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said that the central bank has stopped giving United States dollars to banks for individuals to withdraw. The governor said this was because the dollars were being used to fuel the black market. Speaking to the Sunday Mail, Mangudya said > Even if we put a lot of money into ATMs, people will take the money and go and sell it because the US dollar is being looked to as an investment as opposed to being a medium of exchange. > So what makes people take money from the ATM is that they want to sell it 50 cents above its value … it has become an industry of selling money but we need to sell products. > … should we put more money into ATMs for people to get money or should we put more money into the industry, which is employing people? It’s better to go for the latter. More: Sunday News ---------- *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 ---------- _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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