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Zimbabwe Hikes Overnight Lending Rate to 50% After Ending Dollarisation

Published on: Monday 24 June 2019

Zimbabwe Hikes Overnight Lending Rate to 50% After Ending Dollarisation HARARE — Zimbabwe's central bank said on Monday it had raised its overnight lending rate to 50% from 15% to support the local currency, after the government banned the use of foreign currencies as ...


News source: https://www.nytimes.com/reuters/2019/06/24/business/24reuters-zimbabwe-economy-cenbank.html

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