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Zimbabwe tracks cash across its 428 banks with digital system

By , based on Daily News (Zimbabwe)

Zimbabwe tracks cash across its 428 banks with digital systemIllustrative image · Kampus Production · Pexels · Licence Pexels

The Reserve Bank of Zimbabwe has commissioned a digital system to track the distribution and availability of cash, covering all 428 banks in the country. The tool is intended to support the use of the ZiG currency, according to the Daily News, which also reports that governor John Mushayavanhu has dismissed the existence of shortages of the currency.

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