Zimbabwe’s central bank ‘technically insolvent’: reports


The Reserve Bank of Zimbabwe was thought to be on the verge of insolvency on Monday as its dispute with the country's finance ministry intensified.

Several local media sources reported that the central bank was technically insolvent as the southern African country's finance ministry was withholding funds that would prevent it from toppling. The Zimbabwe Guardian, a news website, said on Friday that Farmtec, an agricultural supplies company, had obtained a high court order to seize central bank p

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