Zimbabwe Imposes Bank Transfer Limits to Stop Currency Rout
Photographer: Jekesai Njikizana/AFP via Getty Images
This article is for subscribers only.
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter
Zimbabwe’s central bank imposed limits on the amounts banks may transfer via a payment platform with 2 million users, as it tries to curtail illicit transactions and money laundering that it claims contributed to a currency rout.