nostro accounts

Prominent economic analyst Tinashe Murapata says the nostro system in Zimbabwe is facing threats from what he described as "barbarians at the gate" and "civil servants salaries".
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The Reserve Bank of Zimbabwe (RBZ) says it has no plans to tamper with depositors’ foreign currency accounts.
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By Hopewell Chin'ono ‪After having spoken to Finance Ministry officials, we have established that the Nostro/FCA rule applies to exporters only and not to you and me. We can still withdraw our US Dollars in cash if we have Nostro/FCA…
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The Reserve Bank of Zimbabwe (RBZ) has drawn down $450 million out of the latest $600 million nostro stabilisation facility secured from the Afreximbank last year, Reserve Bank of Zimbabwe governor Dr John Mangudya has said.
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By Ndakaziva Majaka The Reserve Bank of Zimbabwe (RBZ) is in the process of setting up stabilisation facilities aimed at monitoring local banks’ nostro accounts to ensure they meet international payment obligations, businessdaily can…
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HARARE- The government has changed pension and pay dates for all civil servants with effect from this month to allow it more time to mobilise funds amid liquidity constraints on the market. The dates have been pushed forward by an average…
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