Sunday June 29, 2025

Zimbabwe Central Bank Denies Forced Remittance Conversion Claims

Zimbabwe Central Bank Denies Forced Remittance Conversion Claims

by Bitcoin.com August 17, 2024 1 min read

(Originally posted on : Bitcoin News )

The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local currency. The central bank clarified that it has no plans to review its diaspora remittances policy. According to the RBZ, the market had misconstrued a video on social media in […]

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