According to the investigation one entity obtained $6.5 billion from 12 of the country’s 16 banks.
Most entities, the central bank said, had loans with at least five or more banks.
The Zimbabwe dollar is currently trading at between $460 and $610 on the black market but at $338.49 at the auction rate. It is at #341.25 at the interbank rate.
Below is the statement from the RBZ:
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