Central Banking

Zimbabwe foreign payment arrears reach $488m

Zimbabwe's foreign payment arrears, a result of severe hard currency shortages, stood at $488m in November, according to statistics published by the Reserve Bank of Zimbabwe this week.

Foreign currency shortages have caused a payments backlog for importers, pensioners, foreign investors, travellers and others requiring foreign exchange which forex market dealers say is growing every month. The central bank said this week Zimbabwe's "foreign payments arrears had risen to high levels of around

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: