News / National
Cash transactions rise 17%
11 Apr 2018 at 07:57hrs | Views
Zimbabweans lived it up during the month of December last year in spite of the country's liquidity challenges, latest data from the Reserve Bank of Zimbabwe indicates.
In the December 2017 monthly report, the central bank said the total value of cash transactions was 17 percent higher at $245, 92 million during the month compared to $209, 07 million in November 2017.
Traditionally know as a high-spending month, December 2017, was, however, lackluster compared to December 2016 spending which recorded $397, 50 million in cash transactions reflecting a 38 percent decline is cash transactions year-on-year.
In the December 2017 monthly report, the central bank said the total value of cash transactions was 17 percent higher at $245, 92 million during the month compared to $209, 07 million in November 2017.
Traditionally know as a high-spending month, December 2017, was, however, lackluster compared to December 2016 spending which recorded $397, 50 million in cash transactions reflecting a 38 percent decline is cash transactions year-on-year.
Source - Daily News
