Business Blog
1 minute reading time
(66 words)
Zimbabwe gets $100 mln Afrexim Bank loan for inter-bank market
* Aim is for central bank to once again influence interest rates* Zimbabwe ditched its own currency in 2009 due to hyperinflation* Money market rates chaotic since thenBy MacDonald DzirutweHARARE, March 22 (Reuters) - The African Export-Import Bank (Afrexim) on Saturday gave Zimbabwe a $100 million loan to allow its central bank to set up an inter-bank market for the first time in five years, whic
Stay Informed
When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.
Comments