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Mangudya statement on US Dollar salaries

by Mandla Ndlovu
11 Oct 2019 at 13:05hrs | Views
Reserve Bank of Zimbabwe Governor Dr John Panonetsa Mangudya has assured the nation that the foreign currency that is in their accounts shall not be raided by the banks but shall be treated as free funds.

Mangudya's statements comes when there were widespread reports that the RBZ wanted to raid foreign currency nostro accounts.

Mangudya said Non Governmental Organisations were still allowed to paid their employees in fioreign currency and the recipients could either leave the funds on the nostro accounts or change them to local currency for domestic transactions.

Read the full statement below:

Source - Byo24News