‘Don’t panic,’ RBZ says in bid to calm run on banks over currency fears

HARARE – The Reserve Bank of Zimbabwe on Friday sought to calm a run on banks, insisting that depositors’ funds were safe. Thousands of panicky Zimbabweans lined up in bank queues to withdraw their United States dollar balances, fearing a new banking and currency crisis. “The RBZ wishes to advise and reassure the public that there is sufficient foreign exchange in the market to satisfy all needs…

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