World Bank clears Zim’s new forex system

…banks begin live testing ahead of November launch

CLOUDINE MATOLA AND TAFADZWA CHINYANGANYA The World Bank has completed its review of Zimbabwe’s new automated foreign exchange trading system, clearing the way for banks to begin user acceptance testing ahead of the planned launch in November, a major step towards a more market-driven currency regime, Business Times can report. The system is designed to…

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