RBZ dragged to court over forex

THE Reserve Bank of Zimbabwe (RBZ) has been taken to court for failing to offer ordinary citizens an alternative platform to access foreign currency to pay for passports, petrol and rentals as well as other needs.

Ordinary citizens who earn salaries in the Zimbabwe Gold (ZiG) currency relied on the parallel market for forex to meet their needs before authorities launched a crackdown on illegal money changers.

A number of suspected forex dealers and ordinary Zimbabweans have since been arrested while transacting on the streets.

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