Business Frets over Inter-bank Forex Market

Business Zimbabwe

Industry has called on government to fine-tune the inter-bank currency market for foreign exchange arguing that the platform’s benefits are yet to trickle down and translate to cash availability.

Government launched the platform in February this year in an effort to curb a booming parallel market but two months down the line, the platform is yet to gain traction with industry players complaining that they are getting little joy. ZTN’s Ndaka Majaka picks up the story.