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*Banks Start Trading In RTGS Dollars - Report* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?tp 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. ---------- *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 ---------- 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* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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