Central Banking

Shortage of notes threatens Zimbabwe's banks

Zimbabwe has been hit by a shortage of banknotes recently after currency restrictions made it difficult for the central bank to import special note paper, banking officials said. However, the central bank this week attributed the note shortages to the hoarding of cash by the public and illegal foreign currency dealers.

Source: The Daily News

The liquidity crisis in Zimbabwe's financial sector could erode confidence and contribute to the collapse of local financial institutions, analysts have wa