Zimbabwe: Central Bank Slashes Zipit Daily Limits in Bid to Tame Forex – AuthenticAfrican

Posted on by All Africa

[New Zimbabwe] The Reserve Bank of Zimbabwe (RBZ)'s Financial Intelligence Unit (FIU) has directed Zimswitch to slash ZIMSWITCH Instant Payment Interchange Technology (ZIPIT) daily and monthly limits to $20 000 and $100 000 respectively.