30.4.2020 10:55
HARARE (Reuters) – Zimbabwe’s central bank said on Wednesday it would cut its main lending rate to 15% from 25% effective May 1 as part of measures to help the economy deal with the effects of the coronavirus outbreak.
The southern African nation’s economy was already experiencing its worst crisis in a decade, with fast rising inflation and shortages of food and other basic goods.
Post published in: Business